Risk appetite rolled over late last week, supposedly on discouraging comments from the Trump administration officials on the status of US-China trade negotiations and President Trump’s announcement that he would not be meeting Xi Jinping before the March 1 negotiation deadline. US yields are also lower all along the yield curve as the market begins to game the timing of the Federal Reserve’s first rate cut – currently only about 25% odds of a cut at the December Federal Open Market Committee meeting priced in thus far. The USD is very firm and broadly so, with EURUSD opening this week poised just above the 1.1300 ... (full story)