China threatens more trade sanctions on Taiwan as election nears
The Chinese government on Wednesday threatened to place further trade sanctions on Taiwan if the ruling party "stubbornly" adheres to supporting independence, in a further escalation of the war of words as Taiwanese elections approach next month.
Kenya, EU ink ‘historic’ trade deal
NAIROBI-Kenya and the European Union recently signed a long-negotiated trade agreement to increase the flow of goods between the two markets, as Brussels pursues stronger economic ties with Africa.
China’s yuan nearly steady in thin trade
SHANGHAI: China’s yuan was roughly flat against the dollar on Monday, with trading light given many markets around the world were closed on Christmas Day.
EUR/USD can trade above 1.10 during the holiday period – ING
Rate differentials are still too depressed to argue for a sustainable rally above 1.10 just yet
USD/MXN gains ground on subdued US Dollar, trades higher near 17.25
USD/MXN extends its gains on the second consecutive session, trading higher near 17.25 during the European hours on Monday. The USD/MXN pair gains ground on the subdued US Dollar, which could be attributed to the lowered US Treasury yields.
USD/CAD continues to lose ground on the subdued US Dollar, trades near 1.3560
USD/CAD continues its losing streak for the third successive day as the US Dollar Index (DXY) turns negative post two days of gains. The USD/CAD pair trades lower around 1.3560 during the Asian session on Tuesday. Moreover, Crude oil prices hold steady after a three-day winning streak, potentially providing support for the Canadian Dollar (CAD).
