The last look at second-quarter GDP out of the US for the second-quarter is expected to show yet another upward revision. This time expectations call for a GDP growth figure of 4.60% which compares to the previous revision of 4.20% from the originally reported 4.00%. Personally consumption is expected to drive the upward revision. I am not as optimistic about the revision, but we will find out at the end of the week. I think the USD is ripe for a correction especially if Russia does decide to dump their USD reserves.