Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
US-China Trade Talks and FOMC Minutes to Dominate USD Trading

US-China Trade Talks and FOMC Minutes to Dominate USD Trading

Martin Essex, MSTA,
What's on this page

USD price, news and analysis:

  • USD trading will likely be dominated this week by a further round of US-China trade talks.
  • However, FOMC minutes due Wednesday could also move the currency.

US-China trade talks in focus

US-China trade talks will resume in Washington Tuesday, with any perceived progress likely to strengthen the US Dollar as the week progresses. However, high-level talks will not begin until Thursday so any impact on USD is unlikely be felt until later in the week.

Thursday’s negotiations will be led by US Trade Representative Robert Lighthizer and Chinese Vice Premier Liu He, who will attempt to reach a deal to avoid tariffs on $200 billion of imports from China being raised to 25% from 10% on March 1.

While it is possible that nothing will be agreed until closer to the end-month deadline, the talks could well push USD out of the relatively narrow trading range in place over the last few days.

EURUSD Price Chart, 30-Minute Timeframe (February 14-19, 2019)

Latest EURUSD price chart.

Chart by IG (You can click on it for a larger image)

FOMC Minutes released

In addition, the minutes of the January meeting of the US rate-setting Federal Open Market Committee are released after the European session ends Wednesday, and traders should watch out for any guidance on the Fed’s thinking on further US interest rate increases.

It is possible that the central bank is no longer contemplating raising rates further, and if that is hinted at in the minutes the US Dollar could suffer. However, it is also possible that the minutes will contain little new information given that several FOMC members have already prepared the markets for more dovish monetary policy in the months ahead.

More to read

A Brief History of Trade Wars

Using News and Events to Trade Forex

Resources to help you trade the forex markets:

Whether you are a new or an experienced trader, at DailyFX we have many resources to help you:

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.