The Dollar still does not benefit from the rise in the yield of 'treasuries' towards 0.69% nor from the optimization of Wall Street with an S&P500 (+1.4% to 3,382) capable of equaling or beating its absolute record February 19 closing at 3.386 by 10 p.m.

The greenback fell against the Euro, by -0.45% towards 1.1790 (1.1815 at the low of the day), against the Swiss franc (by -0.6%) and against the Canadian Dollar (- 0.4% at 1.325).

The $ only rose against the Yen, which fell -0.3% to 106.8E (and -0.75% against the Euro, at 125.9/126.00).

US consumer prices for the month of July came out in line with expectations: up +0.6% against a consensus of +0.3%, excluding volatile variables ('core index'), prices also increased by + 0.6% instead of +0.2% expected, i.e. +1.6% on an annual basis.

The Pound Sterling barely crumbles, by 0.1% against the Dollar (around 1.3040) and -0.5% against the Euro while UK GDP plunged by 20.4% in volume sequentially, after a contraction of 2.2% over the first three months of the year, according to the first estimate published this morning by the national statistics office.

British industrial production also fell 16.9% in the second quarter of 2020 compared to the first, with a contraction of 20.2% in manufacturing production proper, according to the national statistics office.

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