THE MAJOR HEADLINES THAT WILL MOVE RISK MARKETS TODAY
1. US/China relations and stimulus news in the US through a congressional bill.
2. China is retaliating to US sanctions by sanctioning eleven US officials. The impact of the US/China relations would most likely be limited in FX market pricing. However, Risk markets would remain supported by the executive order signed by President Trump over the weekend.
3. There might be no big moves in FX market pricing if there is no congressional bill that supports more stimulus. 4. US Friday payrolls showed us a continued rebound in employment even though its starting to rise much slowly.
5. Drop in US real yields is reflating the economy. this is playing a big role in FX market pricing as the possibilities of the US fed to adopt an average inflation target in september and this scenario will add to the negative dollar story.
6. Dollar weakness has been mostly as a result of momentum selling rather than a shift in fundamentals.
7. Net Euro speculative longs continue to grow has the reflation story seems to have legs.
8. Commodity FX should do well today, It's also noteworthy that there are EUR-USD strikes of 3 billion Euro today at 1500 GMT.
Expect risk positive movements as US equities gain during the New York trading session.

TRADE RESPONSIBLY.