Trend in our London session, is the better....>

FOREX: Trend in our London session, is the better USD bid across the board. 

-In G10, the DXY is higher keeping the lid on EURUSD. 

-Calendar is very light and focus has of course remained on US-China, but we are

none the wiser today 

- It has been a 1 pip at a time affair for China, USDCNH and CNY tested high of

the day, with very little new on the open at least. Trade war rhetoric dominate

price action, with the latest overnight headlines being:

- WHITE HOUSE: VERY, VERY OPTIMISTIC RE: REACHING A TRADE DEAL WITH CHINA

(RTRS)and -THERE IS NO AGREEMENT AT THIS TIME TO REMOVE ANY EXISTING TARIFFS.

-Scandies, saw Better SEK selling emerging, all in smalls during our morning

session, EURSEK and NOKSEK headed through high of the day, and EURSEK now eyeing

10.6711 next. Liquidity is reportedly thin. 

-In EM, some focus on the ZAR, coming under early pressure, the better USD bid

has also helped, but rolling Blackout risk from Eskom isn't supporting the Rand

short term outlook.