Forex Focus on Germany July PPI
Forex Focus on Germany July PPI

Forex Focus on Germany July PPI

Summary:
  • In a light European forex calendar today the USDCHF traders await the Switzerland July trade balance data due 6:00GMT. Germany July PPI data

In a light European forex calendar today the USDCHF traders await the Switzerland July trade balance data due 6:00GMT. Germany July PPI data and Eurozone June construction output data will be released at 6:00GMT. GBPUSD traders focus on UK August CBI trends total orders, selling prices at 10:00GMT

Australia weekly consumer sentiment, ANZ/Roy Morgan survey came in at 112.8 while the previous week was at 115.5.

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The central bank of China set the Yuan rate (USDCNY) at 7.0454 versus yesterday fix at 7.0365.

Investors closely watch the developments on US – China trade war, Brexit news and speeches in Jackson Hole later this week.

EURUSD is trading 0.06% higher at 1.1083, the USDJPY is 0.04% lower at 106.55 while the AUDUSD is 0.34% higher at 0.6787.