The US dollar was on the back foot against most currencies in the last full week of August. An update on US GDP, consumer confidence, and the all-important Non-Farm Payrolls stand out. Here are the highlights for the upcoming week.

Sales of US new homes and also existing ones fell short of expectations, but these were not disasters. Yet together with the ongoing troubles of President Trump, the dollar lost some ground. In Europe, business surveys were mixed, but PMIs were mostly positive. British GDP was confirmed at low levels and did not help the pound. EUR/GBP reached the highest levels since 2009. The Aussie and the loonie advanced against the dollar. Will volatility pick up now? Let’s start:

Updates:

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