BNP's recommended trade of the week is...

BNP Paribas shares its current "best trading idea" on the forex.

"In terms of data this week, our economists expect an August retail sales rebound this Thursday.

We continue to believe that the Fed and data are preparing a rate hike in September, and we believe that the markets will gradually integrate this next week, supporting the USD on the currency market.

BNP Paribas' forex positioning analysis indicates that the market is a net seller of USD and our best trading idea remains the selling of AUD/USD."