If you are just tuning in, welcome to the new forex week
The notable news from the weekend is US Treasury Secretary Mnuchin has said the trade war with China is on hold:
- More on US China trade talks (tariffs, trade war 'on hold')
- W/e comments from US Treas Sec Mnuchin - says putting US trade war with China "on hold"
President Trump hasn't tweeted anything yet, so we don't know the official position :-D, but AUD and NZD (especially against the yen) have popped a little already. It is, of course, still very early in Asia and market liquidity is near its poorest for the week.
CAD is a little higher, but its weighed on a little by more from Mnuchin:
