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China’s Foreign Ministry: Threats and intimidation on trade will never work on China

Reuters reports comments from the Chinese Foreign Ministry, headlining the US-China trade spat, in light of the latest Trump’s comments.

Key Points:

Hopes the US will remain level-headed and resolve issues in a reasonable manner.

Threats and intimidation on trade will never work on China.

USD/CAD finds decent support ahead of 1.3100 mark

   •  Positive US bond yields help ease USD bearish pressure on Monday.    •  Softer oil prices weigh on Loonie and lend some additional support. Th
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EUR/USD could attempt a higher range – UOB

In view of FX Strategists at UOB Group, the pair’s stance remains neutral although it could trade at a higher range in the next weeks. Key Quotes 24
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