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Good day, everyone! Hope you're all doing well as we get things going here on the session. It's been a lively start to proceedings with the dollar holding weaker in general and China now offering a glimmer of hope for trade talks reconciliation, sending the yen lower.

WCRS 07-05

The aussie is leading gains after the RBA chose to leave its cash rate unchanged while the pound is holding steady alongside other major currencies as well.

There's still plenty to play for as markets continue to find a narrative to settle on but given China's latest decision to send vice premier, Liu He, to Washington on Thursday, we could be in for a more risk-on mood in the sessions to come.

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