by SignalFactory · November 28, 2019 | 08:42:08 UTC
has been offered from a high of 120.58 to a low of 120.32 in the Asian session
and has taken on the 21-hour moving average as a support level while markets
digest the implications of the US actions. In early Asia, Trump signed the Hong
Kong bills into law, amove which jeopardizes headway between China and the US
with respect to a so-called “phase-one” deal. There had been a slight
knee-jerk reaction in risk-fx, supporting abid in the yen, but it is barely
reflecting the possible ramifications of such a move by the US.
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