Nancy Pelosi will visit Taiwan on Sunday

The Japanese outlet Fuji News Network (FNN) reported on Thursday that the Speaker of the United States House of Representatives, Nancy Pelosihas planned visit taiwan on sunday april 10.

The first visit by a sitting speaker of the US House of Representatives since 1997 is likely to upset Beijing and heighten US-China tensions.

Global Times political editor Hu Xijin tweeted: “Pelosi is playing with fire, just like the US. There must be serious consequences for her visit.”

market reaction

AUD/USD is meandering close to daily lows at 0.7474, undermined by renewed US-China tensions and risk aversion led by Fed Minutes. The pair is down 0.41% so far of day.

Source: Fx Street

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