The Wall Street Journal has reported this weekend that the US is sending two aircraft carriers into one of Asia’s hottest spots to deliver a pointed message to China that it doesn’t appreciate Beijing’s military ramp-up in the region. The USS Ronald Reagan and USS Nimitz are set to hold some of the US Navy’s largest exercises in recent years in the South China Sea from Saturday—at the same time that China is holding drills in the area. “The purpose is to show an unambiguous signal to our partners and allies that we are committed to regional security and stability,” Rear Admiral George M Wikoff was quoted as saying by the Wall Street Journal, which first reported the exercises. Market implications This is just another headline in a long laundry list of antagonistic tactics from either wise, stoking the flames surrounding strained relations over everything from coronavirus to trade to Hong Kong – risk-off is the playbook over such themes and AUD/USD trades as a proxy to such news. Chart of The Week: AUD/USD traders enter the barroom brawl 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 USD/JPY slightly offered in the open, eyes on coronavirus headlines FX Street 3 years The Wall Street Journal has reported this weekend that the US is sending two aircraft carriers into one of Asia’s hottest spots to deliver a pointed message to China that it doesn’t appreciate Beijing’s military ramp-up in the region. The USS Ronald Reagan and USS Nimitz are set to hold some of the US Navy’s largest exercises in recent years in the South China Sea from Saturday—at the same time that China is holding drills in the area. "The purpose is to show an unambiguous signal to our partners and allies that we are committed to regional security and stability," Rear Admiral… 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.