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Sources: China is sticking to September US trade talks after tariff delay - Bloomberg

Bloomberg quotes people familiar with the matter, as saying that the Chinese officials are sticking to their plan to visit Washington next month for face-to-face trade meetings.

A source said: “Chinese negotiators are still not very optimistic of any progress as officials are unlikely to make concessions in the run up to 1 October - which marks the celebration of the 70th anniversary of the founding of the People's Republic.”

On Tuesday, in an unexpected move, the USTR announced a delay on the tariffs on the Chinese imports from September to December.

USD/INR technical analysis: On a defensive around 10-DMA, 61.8% Fibo.

Despite being on the back foot, USD/INR remains supported by near-term key technical levels as it makes the rounds to 71.00 during early Wednesday.
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Forex Today: Risk fragile amid Hong Kong unrest, poor China data; a busy session ahead

The optimism over the US tariffs delay on the Chinese goods faded in the Asian trading this Wednesday, as mounting concerns over the Hong Kong politic
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