Europen session: Switzerland’s franc weakened from a record
08:30 UK PPI (Output) (July) unadjusted 0.2%
08:30 UK PPI (Output) (July) unadjusted Y/Y 5.9%
08:30 UK PPI Output ex FDT (July) adjusted 0.3%
08:30 UK PPI Output ex FDT (July) unadjusted Y/Y 3.3%
08:30 UK PPI (Input) (July) adjusted 0.6%
08:30 UK PPI (Input) (July) unadjusted Y/Y 18.5%
10:00 Germany Industrial production (June) seasonally adjusted -1.1%
10:00 Germany Industrial production (June) not seasonally adjusted, workday adjusted Y/Y 6.7%The dollar
fell, trimming weekly gains against the euro and yen, before data that’s forecast to support the case for low borrowing costs and show U.S. employers failed to create enough jobs to reduce the jobless rate.
Switzerland’s franc weakened from a record against the euro after the Swiss National Bank said it won’t exclude any measures to curb the currency’s advance.
The yen strengthened against the dollar a day after Japan moved to weaken it, trimming the currency’s biggest weekly drop in four months, as tumbling stocks stoked demand for safer assets. U.S. payrolls probably climbed by 85,000 in July after an 18,000 increase in June that was the smallest this year, a survey showed.
EUR/USD: the pair shown high in $1.4170 area.
GBP/USD: the pair shown high in $1.6300.
USD/JPY: the pair decreased in Y78.50 area.
The main event of the day is scheduled to release at 12:30 GMT - US non-farm Payrolls.