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For the 24 hours to 23:00 GMT, the EUR rose 0.20% against the USD and closed at 1.1617.

On the macro front, Euro-zone's final manufacturing PMI fell to 54.6 in August, in line with market expectations and confirming the preliminary print. In the previous month, the PMI had recorded a reading of 55.1.

Separately, in Germany, the final manufacturing PMI declined to 55.9 in August, more than market expectations for a drop to a level of 56.1. In the previous month, the PMI had recorded a reading of 56.9. Preliminary figures had indicated a fall to a level of 56.1.

In the Asian session, at GMT0300, the pair is trading at 1.1599, with the EUR trading 0.15% lower against the USD from yesterday's close.

The pair is expected to find support at 1.1584, and a fall through could take it to the next support level of 1.1569. The pair is expected to find its first resistance at 1.1621, and a rise through could take it to the next resistance level of 1.1643.

Looking ahead, traders would keep a close watch on the Euro-zone's producer price index (PPI) for July, slated to release in a few hours. Moreover, the US Markit manufacturing PMI for August followed by the construction spending data for July as well as the ISM manufacturing PMI for August, all scheduled to release later in the day, will keep investors on their toes.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the GBP declined 0.39% against the USD and closed at 1.2872, after UK's manufacturing PMI fell to a 2-year low in August.

Data showed that UK's manufacturing PMI dropped to 52.8 in August, hitting its lowest reading since April 2016 and compared to a revised reading of 53.8 in July. Market participants had expected the PMI to fall to a level of 53.9.

In the Asian session, at GMT0300, the pair is trading at 1.2859, with the GBP trading 0.10% lower against the USD from yesterday's close.

On the data front, the BRC retail sales across all sectors advanced 0.2% on a yearly basis in August. Retail sales across all sectors had registered a rise of 0.5% in the previous month.

The pair is expected to find support at 1.2831, and a fall through could take it to the next support level of 1.2802. The pair is expected to find its first resistance at 1.2911, and a rise through could take it to the next resistance level of 1.2962.

Trading trend in the Pound today is expected to be determined by UK's Markit construction PMI for August, slated to release in a few hours.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the USD rose 0.09% against the JPY and closed at 111.1.

Data showed that Japan's vehicle sales dropped 0.2% on an annual basis in August. Vehicle sales had advanced 1.2% in the previous month.

In the Asian session, at GMT0300, the pair is trading at 111.13, with the USD trading slightly higher against the JPY from yesterday's close.

Overnight data indicated that, in Japan, monetary base recorded a rise of 6.9% on an annual basis in August. In the prior month, the monetary base had recorded a rise of 7.0%.

The pair is expected to find support at 110.93, and a fall through could take it to the next support level of 110.73. The pair is expected to find its first resistance at 111.25, and a rise through could take it to the next resistance level of 111.37.

Moving forward, investors would focus on Japan's Nikkei services PMI for August, slated to release overnight.

The currency pair is showing convergence with its 20 Hr moving average and trading above its 50 Hr moving average.

For the 24 hours to 23:00 GMT, the USD declined 0.10% against the CHF and closed at 0.9691.

In economic news, Switzerland’s retail sales fell 0.3% on an annual basis in July, for the first time in four months and compared to a revised rise of 0.2% in the previous month. On the contrary, the nation’s manufacturing PMI unexpectedly jumped to 64.8 in August, defying market consensus for a drop to a level of 61.0 and compared to a reading of 61.9 in the prior month.

Other data showed that the region’s total sight deposits eased to a level of CHF576.2 billion in the week ended 31 August, compared to a level of CHF576.8 billion in the previous week.

In the Asian session, at GMT0300, the pair is trading at 0.9702, with the USD trading 0.11% higher against the CHF from yesterday’s close.

The pair is expected to find support at 0.9687, and a fall through could take it to the next support level of 0.9673. The pair is expected to find its first resistance at 0.9712, and a rise through could take it to the next resistance level of 0.9723.

Ahead in the day, market participants would keep a close watch on Switzerland’s inflation numbers for August.

The currency pair is showing convergence with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the USD rose 0.19% against the CAD and closed at 1.3093.

In the Asian session, at GMT0300, the pair is trading at 1.3114, with the USD trading 0.16% higher against the CAD from yesterday’s close.

The pair is expected to find support at 1.3067, and a fall through could take it to the next support level of 1.3019. The pair is expected to find its first resistance at 1.314, and a rise through could take it to the next resistance level of 1.3165.

Moving ahead, investors look forward to Canada’s leading indicator for July and manufacturing PMI for August, slated to release later in the day.

The currency pair is trading above its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, the AUD rose 0.47% against the USD and closed at 0.7211.

LME Copper prices declined 1.1% or $68.0/MT to $5951.0/MT. Aluminium prices fell 1.4% or $28.5/MT to $2083.5/MT.

In the Asian session, at GMT0300, the pair is trading at 0.7191, with the AUD trading 0.28% lower against the USD from yesterday’s close.

Earlier today, Australia’s seasonally adjusted current account deficit expanded to A$13.5 billion in 2Q 2018, compared to a revised deficit of A$11.7 billion in the previous quarter. Market anticipation was for the country’s current account deficit to stand at A$11.0 billion.

Separately, the Reserve Bank of Australia (RBA), in its September monetary policy decision, kept its benchmark interest rate unchanged at 1.50%, for a 25th consecutive month.

The pair is expected to find support at 0.7169, and a fall through could take it to the next support level of 0.7146. The pair is expected to find its first resistance at 0.7219, and a rise through could take it to the next resistance level of 0.7246.

Looking ahead, market participants would keep a close watch on Australia’s gross domestic product (GDP) for 2Q and the AIG performance of service index for August, slated to release overnight.

The currency pair is trading below its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Gold rose 0.18% against the USD and closed at USD1206.70 per ounce.

In the Asian session, at GMT0300, the pair is trading at 1206.2, with gold trading marginally lower against the USD from yesterday’s close.

The pair is expected to find support at 1203.50, and a fall through could take it to the next support level of 1200.80. The pair is expected to find its first resistance at 1209.30, and a rise through could take it to the next resistance level of 1212.40.

The yellow metal is showing convergence with its 20 Hr and 50 Hr moving averages.

For the 24 hours to 23:00 GMT, Silver rose 0.38% against the USD and closed at USD14.54 per ounce.

In the Asian session, at GMT0300, the pair is trading at 14.52, with silver trading 0.17% lower against the USD from yesterday’s close.

The pair is expected to find support at 14.46, and a fall through could take it to the next support level of 14.41. The pair is expected to find its first resistance at 14.58, and a rise through could take it to the next resistance level of 14.64.

The white metal is showing convergence with its 20 Hr moving average and trading below its 50 Hr moving average.

For the 24 hours to 23:00 GMT, Crude Oil rose 0.46% against the USD and closed at USD70.08 per barrel, amid fears that US sanctions would tighten Iranian supplies.

In the Asian session, at GMT0300, the pair is trading at 70.06, with oil trading slightly lower against the USD from yesterday’s close.

The pair is expected to find support at 69.66, and a fall through could take it to the next support level of 69.25. The pair is expected to find its first resistance at 70.34, and a rise through could take it to the next resistance level of 70.61.

Crude oil is showing convergence with its 20 Hr and 50 Hr moving averages.

Daily Pivots: (S1) 1.6063; (P) 1.6119; (R1) 1.6160; More....

A temporary top is formed at 1.6171 in EUR/AUD, just ahead of 1.6189 resistance and intraday bias is turned neutral first. Some consolidations could be seen. But retreat should be contained by 1.5886 resistance turned support to bring another rally. On the upside, firm break of 100% projection of 1.5271 to 1.5886 from 1.5601 at 1.6216 will extend the larger up trend to 161.8% projection at 1.6596, which is close to another key resistance level at 1.6587.

In the bigger picture, EUR/AUD drew strong support from 55 week EMA and rebounded. And the development argues that medium term rally from 1.3624 (2017 low) is still in progress. Firm break of 1.6189 will target a test on 1.6587 (2015 high). On the downside, break of 1.5601 support will now be the first sign of medium term reversal, and will bring a test on 1.5271 key support for confirmation.