Posted: Feb 20, 2010 5:00
US-China trade talks resume in Washington today with the aim of striking a comprehensive deal ahead of the March 1st deadline. A sharp slowdown in auto sales sparked fresh worries about the Chinese economy Monday but the holiday-thinned market shrugged. Gold and silver are the only gainers versus the US dollar while all major currencies are down against the greenback. Another round of UK economic data is due as parliament continues to fray. The Premium video below discusses the updated EURUSD charts and analysis, GBPUSD, DAX, SPX, VIX and USDCHF.