Markets

The German factory orders decreased by 11.7% during the month of July after growing 7.6% in June (figure revised up

Publication of Australian GDP figures for the second quarter. German factory orders and Eurozone retail sales will also be released.

The EUR/USD pair fell to 1.0726, down 0.63%, as Eurozone Producer Price Index and PMI data weakened more than expected,

GBP/USD is down 0.42% to trade at 1.2567 as the UK’s S&P Global/CIPS Composite PMI Index falls to 48.6, entering

EUR/GBP lost almost 0.42% so far this week and fell to 0.8535. July’s EU PPI was higher than expected, while

The USD/MXN pair gained 0.88% to trade at 17.3270 after the Bank of Mexico cut its currency hedging program, adding

USD/JPY pair hits 10-month highs at 147.70, buoyed by risk aversion and 10-year US Treasury yields rally to 4.261%. Despite

The NZD/USD pair lost almost 1%, dipping below the key 0.5900 level. The Dollar benefits from a cautious sentiment in

The silver price tries to recover as the bearish bias remains strong due to the resistance of the US dollar.

USD/MXN rises strongly to 17.35, a new four and a half week high. The Dollar Index soars to a six-month