A slight risk-off tilt to the FX markets tonight with high beta currencies falling 20 to 30 pips from Asia open as Huawei news clearly aggravated investor sentiment. Canada announced that US will proceed with extradition request for Huawei CFO, no doubt ratcheting tension between China and the West even as US-China talks continue to proceed. For now, the story remains a side issue but could grow in importance if the CFO is physically transported to US and talks hurl towards their deadline in March. On the eco front, the only data of note was the UK labor reports which came in generally in line with wages rising 3.3% ... (full story)