Late European Session





G10 Advancers and Decliners vs USD
GBP 0.53
EUR 0.25
CHF 0.19
JPY 0.04
The morning session offered very little in the way of market-moving data, with German Industrial Production for Aug (1.7% MoM vs. 1.8% expected, -1.1% prior) being of very little consequence to a market determined to sell USD. Gold tipped to new highs at $1058.60 as the DXY floundered below 76.00.

The Bank of England rate announcement was the first major focus, but turned out to be pretty…

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