US FBI Director: China targets our food supply, putting American lives at serious risk
Source Fxstreet
Federal Bureau of Investigation (FBI) Director Kash Patel confirmed via post on X the arrest of two Chinese nationals charged for smuggling potential bioterror fungus into the US.
This comes amid intensifying US-Chian trade tensions, with markets eagerly awaiting the talks between US President Donald Trump and his Chinese counterpart Xi Jinping by the end of this week.
The US Dollar Index (DXY) is under renewed selling pressure, trading near 99.20, as of writing.
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The technical analysis of the daily chart indicates a prevailing bullish bias, with the pair remaining within the ascending channel pattern.
Dow Jones futures advance 0.20% to trade above 47,100 during European hours ahead of the opening of the United States (US) regular session on Friday.
Gold catches fresh bids on the last day of the week amid reviving safe-haven demand.
From a technical perspective, the black liquid has been trending lower along a downward-sloping channel since late October.
The pair depreciates as the Pound Sterling (GBP) weakens following the Bank of England’s (BoE) dovish hold in November.
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