Japan Machine Tool Orders (YoY) fell from previous 6.6% to 1.6% in July

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Aug 11, 2015

Germany Wholesale Price Index (YoY) unchanged at -0.5% in July

USD/JPY: Bulls regain control, rises to 124.80

The US dollar is seen gathering pace versus its Japanese counterpart, driving USD/JPY back near highs, as fresh bid wave caught the US currency heading into the European opening bells while markets assess the latest yuan fix news and its implications on Asian currencies.