The U.S. dollar traded mixed against the most major currencies after mixed economic data from the U.S. The U.S. producer price index rose 0.1% in July, in line with expectations, after a 0.4% gain in June.

On a yearly basis, the U.S. producer price index increased 1.7% in July, missing expectations for a 1.8% gain, after a 0.4% rise in June.

The U.S. producer price inflation, excluding food and energy, climbed 0.2% in July, in line with expectations, after a 0.2% rise the previous month.

On a yearly basis, the U.S. producer price index, excluding food and energy, gained 1.6% in July, in line with expectations, after a 1.8% increase in June.

The Reuters/Michigan consumer sentiment index declined to 79.2 in August from 81.8 in June. Analysts had expected the index to increase to 82.7.

The NY Fed Empire State manufacturing index decreased to 14.7 in August from 25.6 in July, missing expectations for a fall to 20.3.

The euro traded higher against the U.S. dollar in the absence of any major economic reports in the Eurozone.

The U.S. industrial production rose 0.4% in July, exceeding expectations for a 0.3% rise, after a 0.4% gain in June. June's figure was revised up from a 0.2% increase.

The British pound traded mixed against the U.S. dollar after the better-than-expected UK GDP. The UK gross domestic product grew at annual rate of 3.2% in the second quarter, exceeding expectations for a 3.1% gain, after a 3.1% rise in the first quarter. That was the fastest pace since the end of 2007.

On a monthly basis, the UK GDP increased 0.8% in the second quarter, in line with expectations, after a 0.8% rise in the first quarter.

The Canadian dollar traded mixed against the U.S. dollar after the better-than-expected Canadian manufacturing shipments. The Canadian manufacturing shipments climbed 0.6% in June, beating expectations for a 0.5% rise, after a 1.7% gain in May. May's figure was revised up from a 1.6% increase.

The New Zealand dollar traded mixed against the U.S dollar in the absence of any major economic reports in New Zealand.

The Australian dollar traded lower against the U.S. dollar. No major economic reports were released in Australia.

The Japanese yen increased against the U.S. dollar in absence of any major economic reports in Japan.

EUR/USD $1.3365(E200mn), $1.3400(E545mn), $1.3425(E519mn)

USD/JPY Y101.80-85($200mn), Y102.00($100mn), Y102.25($100mn), Y102.50($150mn), Y103.00($220mn), Y103.50($455mn)

GBP/USD $1.6740(stg263mn)

EUR/GBP stg0.7940(E250mn), stg0.8000(E160mn), stg0.8100(E200mn)

AUD/USD $0.9275(A$132mn), $0.9315-25(A$450mn), $0.9375(A$100mn)

NZD/USD $0.8450(NZ$100mn)

USD/CAD C$1.0815($200mn), C$1.0850($481mn), C$1.0875($490mn), C$1.0915-25($450mn), C$1.0950($327mn)

The U.S. Labor Department released the producer price data today. The U.S. producer price index rose 0.1% in July, in line with expectations, after a 0.4% gain in June.

On a yearly basis, the U.S. producer price index increased 1.7% in July, missing expectations for a 1.8% gain, after a 0.4% rise in June.

Gasoline prices declined 2.1in July, while food prices rose 0.4% last month.

Prices for services increased 0.1% in July.

The U.S. producer price inflation, excluding food and energy, climbed 0.2% in July, in line with expectations, after a 0.2% rise the previous month.

On a yearly basis, the U.S. producer price index, excluding food and energy, gained 1.6% in July, in line with expectations, after a 1.8% increase in June.

EUR/USD

Offers $1.3445-50

Bids $1.3335-30

GBP/USD

Offers $1.6800/10, $1.6725-30, $1.6700-05

Bids $1.6650, $1.6620

AUD/USD

Offers $0.9400, $0.9380, $0.9350

Bids $0.9300, $0.9285/80, $0.9240, $0.9220/00

EUR/JPY

Offers Y138.20, Y138.00, Y137.50

Bids Y137.00, Y136.80, Y136.50, Y136.25/20

USD/JPY

Offers Y103.50, Y103.00, Y102.80/85, Y102.65/70

Bids Y102.25/20, Y102.00, Y101.80, Y101.50

EUR/GBP

Offers stg0.8100

Bids stg0.8000, stg0.7990

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

06:00 France Bank holiday

08:30 United Kingdom GDP, q/q (Revised) Quarter II +0.8% +0.8% +0.8%

08:30 United Kingdom GDP, y/y (Revised) Quarter II +3.1% +3.1% +3.2%

The U.S. dollar traded mixed to lower against the most major currencies ahead of the economic data from the U.S. Yesterday's disappointing the number of initial jobless claims in the U.S. weighed on the greenback. The number of initial jobless claims in the week ending August 9 rose by 21,000 to 311,000 from 290,000 in the previous week.

The euro traded higher against the U.S. dollar in the absence of any major economic reports in the Eurozone.

The British pound traded mixed against the U.S. dollar after the better-than-expected UK GDP. The UK gross domestic product grew at annual rate of 3.2% in the second quarter, exceeding expectations for a 3.1% gain, after a 3.1% rise in the first quarter. That was the fastest pace since the end of 2007.

On a monthly basis, the UK GDP increased 0.8% in the second quarter, in line with expectations, after a 0.8% rise in the first quarter.

The Canadian dollar traded mixed against the U.S. dollar ahead of the Canadian manufacturing shipments. The Canadian manufacturing shipments are expected to climb 0.5% in June, after a 1.6% gain in May.

EUR/USD: the currency pair rose to $1.3391

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair increased to Y102.62

The most important news that are expected (GMT0):

12:30 Canada Manufacturing Shipments (MoM) June +1.6% +0.5%

12:30 U.S. PPI, m/m July +0.4% +0.1%

12:30 U.S. PPI, y/y July +1.9% +1.8%

12:30 U.S. PPI excluding food and energy, m/m July +0.2% +0.2%

12:30 U.S. PPI excluding food and energy, Y/Y July +1.8% +1.6%

12:30 U.S. NY Fed Empire State manufacturing index August 25.6 20.3

13:00 U.S. Total Net TIC Flows June 19.4 27.3

13:00 U.S. Net Long-term TIC Flows June 35.5

13:15 U.S. Industrial Production (MoM) July +0.2% +0.3%

13:15 U.S. Capacity Utilization July 79.1% 79.2%

13:55 U.S. Reuters/Michigan Consumer Sentiment Index (Preliminary) August 81.3 82.7

The Office for National Statistics (ONS) released revised gross domestic product estimate. The UK gross domestic product grew at annual rate of 3.2% in the second quarter, exceeding expectations for a 3.1% gain, after a 3.1% rise in the first quarter. That was the fastest pace since the end of 2007.

On a monthly basis, the UK GDP increased 0.8% in the second quarter, in line with expectations, after a 0.8% rise in the first quarter.

The construction sector has showed a stronger performance than previously calculated.

The service sector expanded by 1%.

EUR/USD $1.3365(E200mn), $1.3400(E545mn), $1.3425(E519mn)

USD/JPY Y101.80-85($200mn), Y102.00($100mn), Y102.25($100mn), Y102.50($150mn), Y103.00($220mn), Y103.50($455mn)

GBP/USD $1.6740(stg263mn)

EUR/GBP stg0.7940(E250mn), stg0.8000(E160mn), stg0.8100(E200mn)

AUD/USD $0.9275(A$132mn), $0.9315-25(A$450mn), $0.9375(A$100mn)

NZD/USD $0.8450(NZ$100mn)

USD/CAD C$1.0815($200mn), C$1.0850($481mn), C$1.0875($490mn), C$1.0915-25($450mn), C$1.0950($327mn)

Economic calendar (GMT0):

(Time/ Region/ Event/ Period/ Previous/ Forecast/ Actual)

06:00 France Bank holiday

08:30 United Kingdom GDP, q/q (Revised) Quarter II +0.8% +0.8% +0.8%

08:30 United Kingdom GDP, y/y (Revised) Quarter II +3.1% +3.1% +3.2%

The U.S. dollar traded mixed to lower against the most major currencies. Yesterday's disappointing the number of initial jobless claims in the U.S. weighed on the U.S. currency. The number of initial jobless claims in the week ending August 9 rose by 21,000 to 311,000 from 290,000 in the previous week.

The New Zealand dollar traded mixed against the U.S dollar in the absence of any major economic reports in New Zealand.

The Australian dollar rose against the U.S. dollar due to yesterday's weaker-than-expected number of initial jobless claims in the U.S. No major economic reports were released in Australia.

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

EUR/USD: the currency pair traded mixed

GBP/USD: the currency pair traded mixed

USD/JPY: the currency pair traded mixed

The most important news that are expected (GMT0):

12:30 Canada Manufacturing Shipments (MoM) June +1.6% +0.5%

12:30 U.S. PPI, m/m July +0.4% +0.1%

12:30 U.S. PPI, y/y July +1.9% +1.8%

12:30 U.S. PPI excluding food and energy, m/m July +0.2% +0.2%

12:30 U.S. PPI excluding food and energy, Y/Y July +1.8% +1.6%

12:30 U.S. NY Fed Empire State manufacturing index August 25.6 20.3

13:00 U.S. Total Net TIC Flows June 19.4 27.3

13:00 U.S. Net Long-term TIC Flows June 35.5

13:15 U.S. Industrial Production (MoM) July +0.2% +0.3%

13:15 U.S. Capacity Utilization July 79.1% 79.2%

13:55 U.S. Reuters/Michigan Consumer Sentiment Index (Preliminary) August 81.3 82.7

EUR / USD

Resistance levels (open interest**, contracts)

$1.3422 (1303)

$1.3404 (682)

$1.3382 (39)

Price at time of writing this review: $ 1.3364

Support levels (open interest**, contracts):

$1.3340 (1790)

$1.3321 (4601)

$1.3296 (4371)

Comments:

- Overall open interest on the CALL options with the expiration date September, 5 is 54227 contracts, with the maximum number of contracts with strike price $1,3400 (5731);

- Overall open interest on the PUT options with the expiration date September, 5 is 56824 contracts, with the maximum number of contracts with strike price $1,3100 (6055);

- The ratio of PUT/CALL was 1.05 versus 1.06 from the previous trading day according to data from August, 14

GBP/USD

Resistance levels (open interest**, contracts)

$1.7000 (3314)

$1.6901 (2208)

$1.6803 (1525)

Price at time of writing this review: $1.6692

Support levels (open interest**, contracts):

$1.6596 (1894)

$1.6498 (1920)

$1.6399 (752)

Comments:

- Overall open interest on the CALL options with the expiration date September, 5 is 27465 contracts, with the maximum number of contracts with strike price $1,7000 (3314);

- Overall open interest on the PUT options with the expiration date September, 5 is 29260 contracts, with the maximum number of contracts with strike price $1,6800 (4007);

- The ratio of PUT/CALL was 1.07 versus 1.09 from the previous trading day according to data from August, 14

* - The Chicago Mercantile Exchange bulletin (CME) is used for the calculation.

** - Open interest takes into account the total number of option contracts that are open at the moment.