'Risk' is liking the US - China trade developments; AUD on approach to its overnight high

We got a heads up earlier that tensions were easing a little, even if its only so Xi and Trump don't come to blows at their meeting later this month

• US Tres Sec Mnuchin has spoken with China on trade

Now this:

• China's top trade war negotiator to head to the US, pave way for Xi-Trump meeting

AUD has had a pop, but other currencies saw some benefit also (yen not included, of course)