Arrested Huawei CFO Wanzhou Meng is being detained on charges related (WSJ reports) to Huawei "allegedly stealing trade secrets from U.S. business partners, including the technology for a robotic device called "Tappy" that T-Mobile US used to test smartphones, according to people familiar with the matter."

Canadian press Globe and Mail reports that the US will proceed with formal request to extradite Ms. Meng, only child of the firms founder.

This can be viewed through the lens of the US China tensions if you wish to do so. Its not such a stretch. Weighing on risk currencies a little. EUR, AUD both lower and yen is higher.