US House Speaker Pelosi: pleased that the President signed Hong Kong legislation – Fox News

Dhwani Mehta FXStreet

US House Speaker Nancy Pelosi on Thursday said that “Trump signing Hong Kong human rights/democracy measure: This bicameral, bipartisan law reaffirms our nation’s commitment to democracy, human rights and the rule of law in the face of Beijing’s crackdown..I am pleased that the President signed this legislation”, as cited by Fox News.

We have plenty of responses coming in from both the US and Chinese administration, with contrasting views on the Hong Kong Democracy Act. Although, markets are showing limited reaction to them, as volumes are slowing amid Thanksgiving holiday trading.

Meanwhile, USD/JPY is bouncing-off lows near 109.30, looking to regain the 109.50 level, underpinned by trade optimism.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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