The latest chapter in the seemingly inexhaustible Trump/Russia story has USD on the back foot as precious metals make gains on the decline in risk sentiment.

• NY Times reports Trump asked former FBI head Comey to drop Flynn investigation
  
• News sees USD head lower while precious metals gain safe-haven ground
  
• Tech sector hits another all-time high, Nasdaq only US index to close green
  
• EURUSD soars beyond 1.10 while USDJPY sells off on presidential intrigue
  
• Oil prices tumble after API report surprise inventories build Tuesday
  
• Tencent, Alibaba, Cisco, and Target slated to release earnings today
  
• EURGBP at critical resistance level, says Saxo Bank forex head John J Hardy