Amid a slew of comments from the US and Chinese diplomats, David Stilwell, top US policymakers for East Asia recently conveyed his view for the Asian major’s latest actions. The US personnel said that it appears Beijing is using coronavirus to accelerate political agenda, including in Hong Kong. FX implications The war of words between the Sino and American leaders gained momentum after US Secretary of State Mike Pompeo officially declared Hong Kong as not autonomous. The move could result in the Asian nation’s loss of special trading status with Washington while also increasing odds of the sanctions on Hong Kong and China. As a result, the news weighs on the market’s risk-tone and pauses the AUD/USD pair’s latest recovery moves from 0.6567 around 0.6620. China is trying its best to protect Hong Kong from instability – The Global Times Pompeo: China in the past year ‘has shed any pretense’ that people of Hong Kong enjoy high degree of autonomy – Reuters FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Confusion surrounding a protest outside Binance HQ FX Street 3 years Amid a slew of comments from the US and Chinese diplomats, David Stilwell, top US policymakers for East Asia recently conveyed his view for the Asian major’s latest actions. The US personnel said that it appears Beijing is using coronavirus to accelerate political agenda, including in Hong Kong. FX implications The war of words between the Sino and American leaders gained momentum after US Secretary of State Mike Pompeo officially declared Hong Kong as not autonomous. The move could result in the Asian nation’s loss of special trading status with Washington while also increasing odds of the sanctions on Hong… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
