USD flows: Small USD Recovery, But

 The weekend Israel/Hezbollah missile strikes has not prompted a major risk off movement in other asset markets, with it not being seen as a prelude to war.  July U.S. durable goods jump has not impacted FX, given June weakness.  The focus is on any further clues for 25bps v 50bps at the Sep 18 FOMC meeting.  Technically the market wants to test 1.2500 and a move could be seen up to 1.1200 by mid-week before choppy consolidation kicks in.  JPY is holding onto gains v USD and EUR however.  Small GBP gains also holding, as BOE Bailey at Jackson Hole suggests slower easing pace than the ECB or Fed.