The greenback is lower against most of the....>

FOREX: The greenback is lower against most of the majors as traders await the

outcome of the US-China trade summit.

- USDJPY briefly printed sub-109.00, and now trades back above the level,

although both flows and news flow were light with Tokyo observing a holiday.

- AUD benefitted from a strong Chinese Caixin services PMI print, to last deal

at ~0.7560, while the RBA SoMP provided a modest upgrade to the 2018 underlying

CPI estimate, although the remainder of the release was "on message." AUDNZD has

moved higher, breaching short term resistance levels, which has pushed the

NZDUSD cross lower, last ~0.7025.

- GBP & EUR have stuck to tight ranges against the USD. EURUSD has some notable

options set to roll off at 1.1900, 1.2000 & 1.2100-10 at today's 10AM NY cut.

- US NFP, Fedspeak from voters Quarles, Dudley & Williams & an address from

ECB's Weidmann provide the notable risk events on Friday. Fed's George, Kaplan &

Bostic will speak on a panel after hours.