USD rally stalls as Chinese Trade Balance improves further [Video]
![USD rally stalls as Chinese Trade Balance improves further [Video]](https://editorial.fxstreet.com/images/Macroeconomics/Countries/Asia/China/display-stock-market-charts-18577515_XtraLarge.jpg)
The USD is on the back foot after weaker than forecast CPI data yesterday. I think it's a temporary cleanout of stale long USD positions than a medium-term move.
Huge Chinese Trade Balance data released today should put a bee under Trump's bonnet!
Most of the majors have stalled as traders assess recent geopolitical events. Check out the upcoming opportunities in today's FX Market Insight.
Author

Bradley Gilbert
Traders4Traders
With over 20 years trading experience throughout every major financial centre, Traders4Traders was founded by an experienced, well respected trader in the industry.
















