Chinese Commerce Ministry has stated during Thursday’s European session after the meeting between leader Xi Jinping and United States (US) President Donald Trump in South Korea that both nations have resolved frictions on fentanyl issues and export controls on rare earths.
Additional comments
Market reaction
The US Dollar Index (DXY) has almost recovered its early losses came the end of the meeting between US President Trump and Chinese leader Xi, and has turned almost flat around 99.15.
US Dollar Price Today
The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.13% | -0.06% | 0.46% | -0.04% | -0.16% | -0.18% | -0.12% | |
| EUR | 0.13% | 0.07% | 0.61% | 0.10% | -0.03% | -0.04% | 0.02% | |
| GBP | 0.06% | -0.07% | 0.51% | 0.02% | -0.10% | -0.12% | -0.06% | |
| JPY | -0.46% | -0.61% | -0.51% | -0.52% | -0.62% | -0.67% | -0.61% | |
| CAD | 0.04% | -0.10% | -0.02% | 0.52% | -0.11% | -0.15% | -0.09% | |
| AUD | 0.16% | 0.03% | 0.10% | 0.62% | 0.11% | -0.02% | 0.04% | |
| NZD | 0.18% | 0.04% | 0.12% | 0.67% | 0.15% | 0.02% | 0.08% | |
| CHF | 0.12% | -0.02% | 0.06% | 0.61% | 0.09% | -0.04% | -0.08% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote).
Source: https://www.fxstreet.com/news/chinas-commerce-ministry-agrees-to-pause-rare-earth-export-controls-for-a-year-202510300726
