Forex trading to today are set to be driven by a batch of data from  both the U.S. and Britain. The main release from the U.S. today that  traders are waiting for is the Consumer Spending, also known as the  Personal Spending report from the U.S. at 12:30 GMT. Forecasts put the  figure at roughly 0.2% in July, about half the increase of June.  However, the rise is mainly owed to the cash-for-clunkers program.  Despite this, a positive figure may actually hurt the USD, as such a  result could increase risk appetite. Therefore, in order to take  advantage of end-of-week market behavior, open your positions in the  USD, EUR, and GBP now.