USD remains on the defensive, Chicago PMI disappoints
USD : Lower, ADP job losses slow, Q2 GDP contracts less than expected, Chicago PMI declines JPY : Higher, Manufacturing PMI hits 3 year high, Fujii says JPY will not be discussed at the next G-7 meeting EUR : Higher, SNB intervention, German unemployment drops, ECB reduces the size of its 12 month auction GBP : Mixed, GFK consumer rise to a 19 month high, gains limited by decline in US equities CAD and AUD : AUD & CAD higher, Australian retail sales rise, IMF raises its 2010 GDP forecast