European session: The Swiss franc and Japanese yen strengthened
06:00 Germany PPI (July) 0.7%
06:00 Germany PPI (July) Y/Y 5.8%
08:30 UK PSNCR (July), bln -5.6
08:30 UK PSNB (July), bln 0.0
The Swiss franc and Japanese yen strengthened against most of their major counterparts as stocks extended a worldwide rout amid speculation European banks lack sufficient capital boosting demand for the safest assets.
Australia’s dollar fell as Citigroup Inc. cut forecasts for U.S. growth amid concern the global economy is slowing, damping demand for higher-yielding currencies.
The franc strengthened against major counterparts, reversing an earlier decline against the dollar.
EUR/USD: the pair become stronger in area $1.4370.
GBP/USD: the pair become stronger in area $1.6530.
USD/JPY: the pair shown low in area of historical low Y76.30 then grown.