Several news sources reporting on the matter
A few media outlets reporting with the same, suggesting that there has been „no decisive progress made so far although some progress has been made“, citing a senior EU diplomat on the matter.

The meeting is reportedly taking place now with a statement expected to follow
Just watch out for this as it may be a precursor to some high-level verbal agreement that may see the UK drop the offensive elements in the Internal Market Bill.

No reason was given from the Chinese customs bureau
This just adds to the ongoing tensions between China and Australia. All the other reasons and excuses for other trade halts/bans were lame at best so why bother.

Weekly trade from Mitsubishi UFG
Currency investors should consider buying AUD/USD, advises MUFG Research in its weekly FX pick.
The suggest buying AUD/USD from 0.7435 with a target of 0.7675 and a stop at 0.7225.

Forex news for North American trading on December 4, 2020
In most years, if a US jobs report can in worse than expectations by 215K jobs, you might expects stocks to move lower, yields to move lower. the USD to move lower.  

Major indices close near highs
The final numbers are showing:

Some profit taking ahead of the weekend
The EURUSD is trading to a new day low as the clock ticks toward the close.  
For the week, the EURUSD moved above old swing lows from Jan, March and April 2018 between 1.2153 to 1.2164, but could only reach 1.2177 before sellers reentered. 

Weekly FX positioning data for the week ending December 1, 2020
– EUR long 140K vs 138K long last week. Longs increased by 2K
– GBP short 8K vs 17K short last week. Shorts trimmed by 9K

WH Peter Navarro (mouthpiece form Pres. Trump) speaking on FOXBusiness. Pres. Elect Biden also speaking. 
WH Navarro on FoxBusiness is saying:
Meanwhile Pres. elect Biden is saying similar things:

Bloomberg reports, citing officials familiar with the situation
Adding that several members of the governing council would support such a proposal, even those who have a personal preference for a six-months extension.