FOREX: Thursday's review

Data released:
06:00     Germany     Current account (July) unadjusted, bln    7.5    9.5    11.5 (11.9)
06:00     Germany     Trade balance (July) unadjusted, bln    10.4    11.0    12.7
11:00     UK     BoE meeting announcement    0.50%    0.50%    0.50%
11:45     EU(17)     ECB meeting announcement    1.50%    1.50%    1.50%
12:30     EU(17)     ECB press conference               
12:30     USA     Jobless claims (week to 03.09)    414K    405K    412 (409)K
12:30     USA     International trade (July), bln    -44.8    -50.0    -51.6 (-53.1)
12:30     USA     Export (July), bln    178.0    -    170.9
12:30     USA     Import (July), bln    222.8    -    223.9
19:00     USA     Consumer credit (July), bln    +12.0    +6.0    +11.3 (+15.5)
20:30     USA     M2 money supply (29.08), bln    +30.4    -    +17.9
23:50     Japan     Real GDP (Q2) revised    -0.5%    -0.5%    -0.3%
23:50     Japan     Real GDP (Q2) revised Y/Y    -2.1%    -2.0%    -1.3%
23:50     Japan     (M2+CDs) money supply (August) Y/Y    2.7%    2.9%    3.0 (2.9)%

The Australian dollar trimmed yesterday’s 1.7% surge against its U.S. counterpart after the statistics bureau said that employers unexpectedly shed jobs for a second consecutive month in August. The number of people employed fell by 9,700, compared with the median estimate for a 10,000 increase. The jobless rate climbed to 5.3%, the highest since October, from 5.1% in July.

EUR/USD printed lows on $1.4050 before set stable between the $1.4060/90 range. But soon psales resumed and rate fell to $1.3880.
GBP/USD tested $1.5920 before recovered to $1.5942 and later - to $1.6080. Rate failed to set above and retreated to $1.5950.
USD/JPY fell from Y77.42 to Y77.29. Later dollar printed highs on Y77.60.

UK PPI data coming at 08:30 GMT. The same time UK Jul trade balance figures will come.
Canada's labor market data will be released at 11:00 GMT with US wholesale inventories - at 14:00 GMT.