Daily thread to exchange ideas and to share your thoughts

Happy Monday, everyone! I hope you're all doing well as we get things going here on the session. It's been a quiet start to the European morning but generally risk assets are slightly buoyed as we begin the new week, riding off fresh optimism on hopes that US and China trade talks will progress further later this week.

WCRS 18-02

Majority of the moves were already observed in Asian trading and so far the same ranges are holding on with the pound steadying just above the 1.2900 handle against the dollar and the aussie trading near the highs around 0.7150.

The euro is also seen steady slightly above the 1.1300 level but so far the dollar and yen's weakness is rather measured and modest rather than a strong trend. With US and Canada observing holidays later, expect trading today to be rather lacking in terms real direction and liquidity.

It's all about trade talks and market sentiment right now and I would expect the rest of the week to also center around that with negotiations set to continue in Washington again over the next few days. How do you think that would all play out? Are market participants wrong to have high hopes for a trade understanding to materialise?

What are your views on the market right now? Share your thoughts/ideas with the ForexLive community here.