High yielding EUR, GBP and AUD flirted with their recent multi-month highs due to dollar weakness, but there was no follow-up, easing slightly before the Wall Street close .
Stocks closed with gains, while government bond yields rebounded slightly from their recent lows, preventing the USD / JPY from collapsing.
USD / CAD plunged into a mix of encouraging Canadian data and rising oil prices, with WTI hitting $ 43.50 a barrel. The U.S. EIA’s inventory report showed inventories were down 7.37 million in the week ended July 31.
Gold prices have skyrocketed, reaching new all-time highs. Spot gold traded as high as $ 2,055.69 per troy ounce.
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