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Risk sentiment takes a hit on rising US-China tensions.

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Trade war fears return as Trump renews tariffs threat to China. At press time, the pair is trading near 1. The pair rose 0. The dollar is again benefitting from the anti-risk mood in the financial markets. The dollar index, which tracks the value of the greenback, against majors, is trading at session highs above The US intelligence agency accused China of hiding the severity of the virus outbreak in order to биномо мартингейл up on medical supplies needed to respond to the virus.

Meanwhile, Www forexp- guote show Trump said late Sunday that tariffs would be an ultimate punishment for China.

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Political experts think President Trump would continue bashing China ahead of the Presidential Elections due later this year in order to shift focus from the criticism he is facing www forexp- guote show home for the handling of the virus crisis. A below reading indicates contractions.

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A big beat on expectation may put a bid under the common currency. Tories under pressure to reveal lockdown exit plan, UK risks losing world-renowned science sector. The Republican leader went on to use the pressure towards warning the dragon nation over the US-China trade deal if the later fails to buy US goods.

Moving on, the US-China trade stories, Brexit and virus updates could keep the Cable traders busy despite having a light economic calendar for the day.

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Technical analysis An ascending trend line from April 21, around 1. Additional quotes To di Decision on easing restrictions will still be made on May Message remains the same, "stay the course". Подробнее Indonesia Inflation MoM came in at 0.

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Подробнее Indonesia Inflation YoY registered at 2. Подробнее Gold Price Analysis: Yellow metal charts pennant pattern Gold has carved out a narrowing price range or a pennant pattern on the daily chart, which comprises of trendlines connecting lower highs and higher l Gold is trapped in a pennant pattern on the daily chart.

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A breakout would imply a resumption of the rally from April lows. Gold has carved out a narrowing price range or a pennant pattern on the daily chart, which comprises of trendlines connecting lower highs and www forexp- guote show lows.

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The week relative strength index has formed lower highs, indicating buyer fatigue. Hence, pennant breakdown on the daily chart cannot be ruled out.

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Daily chart.