Thursday 10 August 12:00 UK time.

The dollar is showing signs of weakness across the board. It appears the market is considering a soft CPI number, which would weaken the USD. This is an occasion where an anticipation trade is a viable option. Whereby a short USD trade would be placed in anticipation of a soft CPI reading. It's just a case of accepting if the reading is hotter than expected the trade would stop out. As previously mentioned, I'm not trading today, I just wanted to offer my thoughts whilst I had internet.