Earlier today, the U.S. currency extended gains as Friday’s data (which showed that U.S. producer prices were higher for a third straight month in July and factory output increased at the fastest rate in eight months) continued to support demand for the greenback. What impact did this move have on the GBP/USD?

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Yesterday’s report showed that U.S. jobless claims rose more than expected in the previous week, which in combination with today’s positive data (U.S. producer prices rose 0.2% in July, beating analysts’ expectations) supported the greenback. What impact did it have on our six currency pairs?

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Earlier today, the Melbourne Institute showed that its inflation expectations for the next 12 months increased to 3.7%, which in combination with the turmoil caused by the devaluation of China's currency pushed the Australian dollar lower against its U.S. counterpart. As a result, AUD/USD slipped under support lines once again. Will we see fresh lows in the coming days?

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Earlier today, the yen moved sharply higher against the greenback supported by increased safe haven demand. As a result, USD/JPY declined after a climb to the resistance zone and invalidated earlier breakout. Will we see the exchange rate below 124 in the coming days?

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Earlier today, the U.S. Bureau of Labor Statistics showed that unit labor costs increased more than expected in the second quarter, while non-farm productivity rose by 1.3%, missing expectations for a gain of 1.6%. Thanks to these numbers, the USD Index moved lower and slipped below 97. What impact did this move have on our six currency pairs?

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