Three days remaining til the end of the month (and quarter) The US dollar index is posting its biggest monthly decline in 17 months. EURUSD hit a three-month high on Monday and rose above 1.14 to hit Ashraf's target. Gold hit a fresh 6-year in Asia and returns near the highs after a 8% decline in US new home sales. Eatch out for Powell's speech about the US economy at 13:00 Eastern (18:00 London) and dissenter Bullard's speech 6.5 hrs later. The Premium short in USDCAD has been closed at 1.3160 for 200 pip-gain. The latest Premium video is below contains some impirtant mechanics about USD shifts ahead and during Fed rate cuts.

RBA Governor Lowe touched a delicate subject that his counterparts may also have to deal with, especially if this week's G20 goes well.The German June IFO survey beat expectations for the current assessment and slipped on the expectations component. We expect a period of a relative lull in the markets ahead of Trump/Xi meeting at this weekend's G20 summit. GBP pushes above 1.2740 as Jeremy Hunt and Boris Johnson battle it out for the PM race. More below.  The Premium long  in XRP Ripple at 0.33 entry hit the final target of 0.49. The long EURUSD Premium long at 1.1230 is a few pips away from its final 1.1400 target for 170-pip gain. Below are the chart breakouts for EURUSD and XAUUSD net longs among speculative futures traders in the IMM and Comex respectively.