Strategy from UBS on EUR/USD, AUD/USD and USD/CAD:

EUR/USD: remains stuck in the 1.0800-1.1200 range. Fed minutes are due tomorrow and may provide more insight, but all eyes are already on the September rate decision so we see little sign that the pair will find its way out of this range. Play the intraday moves and only get more involved on the extremes.

AUD/USD: The RBA minutes today were a non-event, and the remarks didn't suggest that the bank is unhappy about the current AUDUSD level. Short-term price action looks supportive, and it seems that this correction could have a bit more room. Buy dips intraday, but keep a tight stop through 0.7300, targeting a move towards 0.7500.

USD/CAD: The pair has opened at the same level as yesterday and feels bid, but we think it will again run out of momentum around the resistance at 1.3160/1.3215. Sell rallies into this, with a stop above 1.3215.