- European session: dollar fell
Market news
European session: dollar fell
Data
04:30 Australia Announcement of the RBA decision on the discount rate - 3.50% 3.50% 3.50%
04:30 Australia RBA Rate Statement -
05:45 Switzerland Unemployment Rate July 2.9% 2.9% 2.9%
07:00 Switzerland Foreign Currency Reserves July 364.9 406.5
07:15 Switzerland Consumer Price Index (MoM) July -0.3% -0.5% -0.5%
07:15 Switzerland Consumer Price Index (YoY) July -1.1% -0.8% -0.7%
08:30 United Kingdom Industrial Production (MoM) June +1.0% -3.2% -2.5%
08:30 United Kingdom Industrial Production (YoY) June -1.6% -5.3% -4.3%
08:30 United Kingdom Manufacturing Production (MoM) June +1.2% -3.9% -2.9%
08:30 United Kingdom Manufacturing Production (YoY) June -1.7% -5.7% -4.3%
10:00 Germany Factory Orders s.a. (MoM) June +0.6% -0.8% -1.7%
10:00 Germany Factory Orders n.s.a. (YoY) June -5.4% -7.0% -5.4%
The euro rose against the yen and dollar after Germany declared that it supported the proposal of the President of the European Central Bank's Mario Draghi to stop the debt crisis in the region.
The single currency showed growth after a report showed that the economy of Italy fell less than expected by economists predicted. Italian gross domestic product fell by 0.7% in the second quarter. The average score of economists was at -0.8%. In annual terms, GDP fell by 2.5%.
Euro continued to rise even after the German Ministry of Economics has stated that the volume of industrial orders fell by 1.7% in June, after rising 0.7% in May. Economists had forecast that the decline of 0.8%.
The Swiss franc rose against the dollar and was little changed against the euro after the central bank of Switzerland said that foreign exchange reserves rose to record levels in July.
The Australian dollar rose to its highest level since March, after the Reserve Bank of Australia left the level of interest rates unchanged.
The course of the yen rose against the dollar after growth stocks around the world has stimulated speculation that the Bank of Japan will refrain from further easing of monetary policy at a meeting this week.
EUR / USD: during the European session, the pair shows a marked increase, updating the maximum session
GBP / USD: a couple has more than one figure, and is now trading in the region of maximum values at $ 1.5675
USD / JPY: during the European session, the pair has grown and is now trading at Y78.45
At 12:30 GMT in Canada will change in the volume of building permits issued for June. At 14:00 GMT, Canada will report on the PMI index from the Ivey (including with seasonally adjusted) in July. At 14:00 GMT, Britain will publish data on the change in GDP from the NIESR in July. At 20:30 GMT the U.S. will change in the volume of crude oil, according to the API for August. Finish the day at 23:50 GMT, Japan, and the data on the total adjusted current account surplus in June.
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