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United Kingdom 10-y Bond Auction dipped from previous 2.7% to 2.57%

FXStreet.com (Barcelona)

Session Recap: USD takes a breather and consolidates gains

It has been a quiet European session so far, with majors taking a breather following yesterday’s USD rally triggered by more hawkish than expected Fed minutes. European currencies consolidated at multi-month lows versus the greenback with regional data having no-lasting impact on the EUR and the GBP.
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Details of German PMIs continue to be decent but mixed - TD Securities

Tim Davis, Vice President, Global Strategist at TD Securities observes that German August manufacturing and services PMIs saw less decline than expected after the sharp fall in ZEW numbers.
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