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The Euro is trading down some 0.4% below 1.1275 falling to  the lowest level  in 2019 as the US Dollar is broadly higher on improved  risk sentiment.

The latest round of trade talks between China and the US began in Beijing with the optimistic headlines fueling the improved  risk appetite, while US  lawmakers are expected to avert another government shutdown.

China’s officials struck an upbeat tone in trade talks with  Shanghai exchange rising more than 1% after a week-long Lunar New Year holiday in China.