On Wednesday, China’s Foreign Ministry urged the US to stop threats and blackmail.
“If US wants to solve issues through dialogue, it should stop exerting maximum pressure,” the Ministry added.
At the time of writing, AUD/USD is off the highs, still up 0.23% on the day, trading neat 0.6350.
Keep up with the financial markets, know what's happening and what is affecting the markets with our latest market updates. Analyze market movers, trends and build your trading strategies accordingly.