Source: China unlikely to send trade delegation to Washington post-new US tariffs

The South China Morning Post, Hong Kong’s daily, cited an unnamed source in Beijing, as saying that China is unlikely to send a trade delegation to Washington following the US announcement on the new round of tariffs on the Chinese imports.

EUR/USD: Defends 100-day MA support, focus on Draghi and stock markets

The EUR/USD defended the 100-day MA support of 1.1669 in Asia and was last seen trading just above 1.17. The recovery is likely associated with conci
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USD/INR: RBI likely intervened from 72.51 to 72.40 - Reuters

The Reserve Bank of India (RBI) likely sold US dollar (USD) from 72.51 to 72.40 in order to prevent early drop in rupee (INR) due to fresh US tariffs
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