In another positive news related to the US-China trade relation, China’s vice-premier Liu He and US Treasury Secretary Janet Yellen agree China-US economic ties are very important.
The two nations have expressed a willingness to maintain communication.
Yellen said that t she stressed to the Chinese official the importance of “frankly tackling issues of concern.”
Secretary Yellen discussed the Biden-Harris administration’s plans to support a continued strong economy.
”Recovery and the importance of cooperating on areas that are in US interests, while at the same time frankly tackling issues of concern,” the department said in a statement.
There has been little reaction in the market as traders await the Aussie Gross Domestic Product data at the top of the hour.
AUD/USD is solid and better bid ahead of the event trading 0.2% higher to 0.7766 at the time of writing.
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