The dollar is weak this morning, amid increasing expectations that the Federal Reserve may have to cut interest rates in order to support the economy, as trade tensions between the US and China continue to escalate.
Donald Trump has suggested that Huawei could be part of a trade deal, despite the US’s concerns over security. This may provide a resolution or at least reassure Chinese officials. However, it could also be seen as odd that the US would want to strike a deal with a company that they have recently blacklisted.
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