US President Trump tweets that a trade deal with China likely within the next 90 days

The US President Trump is confident that an agreement with China can be reached within the next 90 days as the teams of both sides are now having smooth communications and good cooperation. 

The latest tweet from Trump could put a bid under the risky assets. 

 

 

AUD/USD: Off 3.5-week lows, but remains below 100-day MA

The AUD/USD's recovery rally from 3.5-week lows seems to have run out of steam at the 100-day moving average (MA) hurdle. The Australian dollar was d
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PBOC sets the yuan reference rate at 6.8664

The People's Bank of China (PBOC) set the yuan reference rate at 6.8664 vs the previous day's fix of 6.8599. 
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