With the US NFP failing to act as a driver to set the next directional bias in currencies, it's going to come down to this week's China-US trade talks and Trump's impeachment saga as the major catalysts to inject volatility into the Forex arena. The US NFP was seen, as the Fed funds pricing attests, as a glass half full on the back of a jobless rate that hit a 50-year low, a headline number around expectations, in a nonetheless environment of low wage growth. However, this week's gap down in risk is a timely reminder that US-China trade negotiations are set to dominate the proceedings, with Bloomberg reporting that ... (full story)