United States NFIB Business Optimism Index came in at 100.8, below expectations (101) in August

United States NFIB Business Optimism Index came in at 100.8, below expectations (101) in August
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USD/CNH: Downward bias is building – UOB Group

US Dollar (USD) is likely to trade with a downward bias, but any decline is unlikely to break below 7.1100. In the longer run, downward bias is building, but USD must first close below 7.1100 before a sustained decline can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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