Australian Prime Minister Anthony Albanese said Monday he will have a meeting with Chinese President Xi Jinping on Tuesday.

Further comments

"Australia will put forward our own position.”

“I look forward to having a constructive discussion with President Xi tomorrow.”

“We enter the discussion with goodwill.”

Market reaction

The Australian-Sino headlines are helping AUDUSD with a minor recovery, as the pair trades at 0.6675, still down 0.35% on the day. The Aussie hit an intraday low at 0.6664 earlier in the Asian session.