Steady early after closing up 0.7% with the US dollar down 0.75%

Yield spreads tightened, 10yr UST -4bp 3.807%, 10yr bund -2bp 2.223%

ECB policymakers coming to a consensus on a 25-point rate cut in September

CME FedWatch prices a 50pt Fed September cut at 36.5% from 25% a week ago

Charts; positive daily momentum studies, 21-day Bollinger bands expand

5, 10 & 21-day & week moving averages climb - signals remain bullish

1.1086 10-day moving average and last week's 1.1012 low are key supports

Targets major resistance at 1.1271, 0.618% of the 2021-2022 fall

1.1150/60 1.050 BLN are the close significant strikes for August 26th

For more click on FXBUZ