Today’s end of week session is off to a relativelyquiet start; with the USD mixed as commodity currencies outperform; US 10-year yields are stable at 2.5% and equities are pointing to a flatopen. Today’s release of Q2 revision to U.S. GDP is expected to show astronger second quarter, at 4.6%q/q; well above the initial estimate ofjust 3%. There are no Fed speakers with the risk to FX position squaringleading into the weekend.
Read the full report: FX Daily