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Canada Imports increased to $46.05B in July from previous $45.09B

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US witnessing moderate pace of growth, Beige book indicates - RBC

FXStreet (Delhi) – Josh Nye, Economist at RBC Economics notes that the yesterday’s release of Fed’s Beige Book report, added to this evidence that the US economy is continuing to grow steadily. The conclusion that can be drawn from that report is that while the economic and labour market backdrop would warrant the Fed beginning to withdraw monetary policy stimulus in September, recent turmoil in financial markets could keep the central bank on the sidelines
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EUR/USD slumps as Draghi speaks

EUR/USD came under selling pressure and fell to fresh weekly minutes after ECB President Draghi conference began.
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