Forex Focus on Germany July PPI

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.

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.Don’t miss a beat! Follow us on Telegram and Twitter.

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