US dollars on the lowest
Stronger personal income and spending data in the United States in July highlights the deep wallet of U.S. consumers. The news helped draw a line under the declining dollar. This led to a slight recovery even as trade data disappointed.
The risk here is to tie the Fed to the move when it doesn’t necessarily have to. On the other hand, this move is with the trend and the dollar is crashing so you don’t want to miss it.
Ultimately I think there is intraday trade here to keep selling the dollar but taking some profit at the solution.