U.S. Dollar Trading (USD) the Dollar was soft overnight as markets reacted to rumors that the ECB was about to announce unlimited bond purchases at the ECB Meeting. The EUR/USD shot up to 1.2600 and we are once again in danger of disappointment if Draghi does not come to the party. Looking ahead, August ISM Services PMI forecast at 52.5 vs. 52.6. August ADP Private Payrolls forecast at 140k vs. 163k previously.
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