EUR/USD added to Friday’s uptick and briefly surpassed the psychological 1.1000 barrier, losing some momentum afterwards. Retail Sales in the broader euro area and Germany’s Factory Orders are due on August 6, followed by S&P Global Construction PMI in Germany and the euro bloc. The intense sell-off in risk-related assets sparked a knee-jerk in GBP/USD, which once again revisited the vicinity of 1.2700. On August 6, the BRC Retail Sales Monitor and the S&P Global Construction PMI will be unveiled. The increasing risk aversion favoured further JPY-buying on Monday, thus sending USD/JPY briefly below the 142.00 region. Household Spending and Average Cash Earnings are expected on August 6. AUD/USD managed to reverse the initial pullback to 2024 lows near 0.6350, regaining the 0.6500 hurdle and beyond afterwards. The RBA is expected to keep rates unchanged on August 6.