Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.The latest new, I'll be back with more soon, is that the US and European Union have reached a 'framework' trade deal. Key point is 15% the rate, I'll outline further details separately. EUR has been marked higher on this in the thin early morning trade. Also of note is that the US and China are expected to extend their tariff ceaefire by another three months according to a report in the weekend South China Morning Post. Indicative rates: This article was written by Eamonn Sheridan at investinglive.com.