Steady after closing +0.35% with the USD off 0.4% with lower UST yields

Yield spreads narrowed, 10yr bund -6bp and 10yr UST -9bp 3.753%

EZ business activity climbed in August, but the Olympics a major factor

Charts; daily momentum studies fall, 21-day Bollinger bands contract

5, 10 & 21-day moving averages conflict - mixed signals show little bias

A close below 1.0996 0.382% June/August rise would be a bearish signal

Close above the 1.1106 10-day moving average would rekindle the uptrend

1.1075 2.514BLN, 1.1080 1.415BLN 1.1100 1.745BLN close strikes for Sep 5th

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