Reuters is out with the latest headlines, citing that China is mulling price controls on coal prices.
Nothing further is being reported on the same, thus far.
Market reaction
AUD/USD is seeing some fresh selling pressure on the above reports, testing daily lows at 0.7734, down 0.05% on the day.
Reprinted from FXStreet_id,the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.

Leave Your Message Now