No concessions from Trump on China – Commerzbank

Where Trump is not willing to make concessions or give in, however, is on China. Here, the motto 'always more than you' seems to apply. The tariff spiral is in full swing, there are only a few exceptions, Commerzbank's FX analyst Antje Praefcke notes.
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AUD/USD: Chance to potentially test the key resistance at 0.6390 – UOB Group

Australian Dollar (AUD) is expected to trade in a range vs US Dollar (USD), likely between 0.6270 and 0.6350. In the longer run, AUD is likely to trade with an upward bias, potentially testing the key resistance at 0.6390, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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