Dow industrial average leads the way
The final numbers are showing:
For the week, the NASDAQ led the way. The Dow industrial average ended the week unchanged.

Texas COVID
statistics
The Texas Covid cases rose by 5023 vs. 4923 yesterday. Looking at the chart below, the daily case count has been moving slowly back to the downside after peaking above 12,000 in July.

USD gains
The USD has gained most against the GBP and the EUR after weak European PMI’s and the usual Brexit doom and gloom. 
The US PMI due later will be key for the next turn in the dollar as European traders start to head for lunch. 

USD strength
Other markets
– FTSE: -0.09%
– Euro Stoxx:-0.10%
– Dax: -0.6%
– Gold: -0.68%
– Bitcoin: -1.13% 
The session started with a positive handover from Asia .

Office for National Statistics

Brexit woes drags down Cable
Cable finds some temporary support from the key weekly trend line as sellers take some profit after a flurry of negative Brexit talk from and the chief negotiators. A break of this level to the downside will be significant. 

USD strength
r and no progress in Brexit talks have pushed . This has given the USD strength. 
Weak PMI’s have dragged the EURUSD lowe
GBPUSD down through a key weekly trend line

ECB releases the account of its July 2020 monetary policy meeting
– Financial market conditions had continued to normalise
– They remain tight and more fragile than before the pandemic
There isn’t anything new with regards to the ECB’s policy stance and their take on recent economic developments. They are very much in wait-and-see mode right now but

Forex news from the European trading session – 20 August 2020
Headlines:
– CHF leads, NZD lags on the day
– European equities lower; E-minis down 0.3%
– US 10-year yields down 2.7 bps to 0.652%

GBP/USD pushes to session highs for the day, price action now in a battle between the key hourly moving averages
Near-term support at around 1.3067-74 held earlier today and that is helping to see buyers try to wrestle back some control in a push back above 1.3100 on the session.