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Thomson Reuters
Dec 30 - 09:48 PM
AUD/USD - Trump May Have Overstated US/China Progress - WSJ
First appeared on eFXplus on Dec 30 - 07:35 PM
  • Sources saying Trump tweets may have overstated US/China trade progress
  • They told Wall Street Journal US is pressing China for more details
  • Some scepticism that China initiatives will lead to meaningful progress
  • Trump tweets on trade progress may have been an effort to calm markets
  • AUD/USD trading with firm tone following Trump talks with Xi this weekend
  • Resistance at the 10-day MA (0.7068) and last week's 0.7077 high

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