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Forex pairs in this Article » EUR/USD, GBP/USD, USD/JPY (Córdoba) - The USD dollar trades softer versus major competitors, with currencies linked to commodities and the GBP outperforming amid strong local data.

The AUD/USD rose to a 2-week high after Q2 GDP came in slightly above expectations, while the GBP/USD climbed back above 1.5600 after data showed the UK services PMI grew at the fastest pace in over 6 years in August.

EUR/USD remains in a fairly tight range around 1.3170, with Eurozone data going unnoticed, and USD/JPY keeps trading around 99.50 as investors await the Fed Beige Book report for signs on when the central will start tapering its stimulus measures.

Also during the American session, the BoC will decide on monetary policy at 14:00GMT, with no change expected.

Main Headlines in Europe:

Flash: What can we do with the EUR/USD? – Commerzbank and ANZ

Germany: PMI Services improves further in August

EMU: PMI Services returns to expansion in August

UK: PMI Services soars to 60.5 in August

Troika urges Greece to close down defense companies

EMU: GDP falls less than forecast in Q2

EMU: Annual Retail Sales drop 1.3% in July

Obama secures crucial support from key Congressional figures on Syrian intervention

European equities tumble on divergent EMU data
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