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UK Monthly GDP Rose As Schools Reopen


Bulls Still In Charge


UK GDP Down in Q1 Amid Lockdown

DOLLAR: A quiet session overnight has seen the USD largely mixed with gains
against CHF (+0.23%), AUD (+0.13%), GBP (+0.11%) and losses via SEK (-0.5%) &
NOK (-0.4%). The DXY based ahead of 93.80/85 yesterday with recovery efforts
extending to 94.37. Bulls target a close above the 100-dma at 94.61, before
challenging 94.77 which represents the 50% retracement of August range
95.73-93.81. Gold continues to search for a break and is currently held $10
either side of $1200. Richmond Fed & Consumer Confidence the main US data
release at 1400GMT. The US index of consumer confidence is expected to fall back
to a reading of 131.7 in September after surging further in August. Stable gas
prices and rising stocks prices are positive factors for another gain.