The U.S. dollar traded mixed against the most major currencies after the U.S. factory orders. Factory orders in the U.S. climbed 10.5% in July, missing expectations for a 10.9% rise, after a 1.5% gain in June. June's figure was revised up from a 1.1% increase.

The euro traded mixed against the U.S. dollar as tensions between Russia and Ukraine eased. Ukrainian President Petro Poroshenko's office said that Russian President Vladimir Putin and Ukrainian President Petro Poroshenko agreed on a "permanent ceasefire". Russia denied that it had agreed to the ceasefire because Russia isn't a party in the conflict. But Russia and Ukraine discuss how to resolve the conflict.

The speculation that the European Central Bank (ECB) will add further stimulus measures also supported the euro. The ECB will released its interest rate decision on Thursday.

Retail sales in the Eurozone fell 0.4% in July, missing expectations for a 0.3% decline, after a 0.3% increase in June. June's figure was revised down from a 0.4% rise.

On a yearly basis, retail sales in the Eurozone climbed 0.8% in July, missing expectations for a 0.9% rise, after a 1.9% gain in June.

Eurozone's final service purchasing managers' index fell to 53.1 in August from 53.5 in July.

German final service purchasing managers' index declined to 54.9 in August from 56.4 in July.

French final service purchasing managers' index decreased to 50.3 in August from 51.1 in July.

The British pound traded mixed against the U.S. dollar after the better-than-expected Services Purchasing Managers Index from the UK. Services Purchasing Managers Index climbed to 60.5 in August from 59.1 in July, beating expectations for a fall to 58.6.

The Canadian dollar increased against the U.S. dollar after the Bank of Canada's interest rate decision. The BoC kept its interest rate unchanged at 1.00%. This decision was widely expected by analysts.

The timing and direction of interest hike will depend on "how new information influences the outlook and assessment of risks", so the Bank of Canada.

The New Zealand dollar traded mixed against the U.S dollar in the absence of any major economic reports from New Zealand. Yesterday's better-than-expected ISM manufacturing purchasing managers' index in the U.S. and a drop in dairy product prices weighed on the kiwi. Dairy prices have fallen nearly 45% since February.

The Australian dollar rose against the U.S. dollar after the better-than-expected economic growth in Australia and after comments by the Reserve Bank of Australia (RBA) Governor Glenn Stevens. Australia's gross domestic product (GDP) rose 0.5% in the second quarter, exceeding expectations for a 0.4% gain, after a 1.1% increase in the first quarter.

On a yearly basis, Australia's GDP climbed 3.1% in the second quarter, beating expectations for a 3.0% rise, after a 3.5% growth in the first quarter.

The RBA governor has spoken at the Committee for Economic Development of Australia (CEDA) in Adelaide. Glenn Stevens warned of housing market bubble risk due to low interest rates. Analysts interpreted his comments as meaning the RBA won't cut rates again.

The Australian Industry Group's performance of services index rose to 49.4 in August from 49.3 in July.

The Japanese yen traded slightly higher against the U.S. dollar in the absence of any major economic reports from Japan.