• The Danish Krone slumped to a near 2 year peak earlier in the session following upbeat economic data. 
   
• Denmark's retail sales rose by 6.6 percent year-on-year in June, following a downwardly revised 5.2 percent gain in the previous month, its second straight month of increases and the biggest since February of 2008. However, on a monthly basis, retail sales surged 1.4 percent, easing from an upwardly revised 9.7 percent jump in May.
   
• Moreover, weakness in the greenback supported the bid tone around the Danish currency.
   
• The dollar index declined to an over 4-month low, weakened by deteriorating U.S.-China relations and domestic economic concerns as U.S. COVID-19 infections showed no sign of slowing.
   
• USD/DKK is trading 0.3 down at 6.3623, having hit low of 6.3483 earlier, its lowest since September 2018.
   
• Immediate resistance is located at  6.4103, close above could take it till 6.4384 (5-DMA). 
   
• On the downside, support is seen at 6.3353 and any break below will take it till 6.3137.