Thursday, 16 May 2019

USDCNH Nears Decade High, Huawei Ban Worsens US-China Relations

As if Huawei’s strained relationship with Europe was not bad enough, it has now got worse for the Chinese telecommunications giant as US President Trump has placed the company on the country’s “Entity List” of banned companies.


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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...