The euro fell against the dollar after Germany's Bundesbank criticized suggestions that the European Central Bank should buy government bonds to quell the debt crisis in the region.

The single currency fell from six-week high against the yen and fell against most major currencies against the comments of the bank.

Also on momentum trading slightly affect the data on changes in the volume of construction in the euro area, which declined in July.

The euro rose after the magazine Spiegel reported that the ECB's Governing Council is considering installing a limited return on bonds Euroregion.

Australian dollar and novozelandsky Dolar rose as stock earnings boosted demand for higher-yielding assets.

Pound showed steady growth during the session, but fell sharply on the comments Bundesbank.

EUR/USD: in the course of trade, the pair set a high at $ 1.2370 and then fell sharply, by updating the minimum session

GBP/USD: the pair grown by almost half figures, but could not hold his position and fell to the opening level of the day

USD/JPY: the course in mid-session trading in a narrow range with a slight decline

At 12:30 GMT the U.S. will index of economic activity from the Federal Reserve Bank of Chicago in July. Also today, the auction will be held at the following debt securities: France will host the 3, 6-and 12-month bonds, offering results will be known in the 13:00 GMT; U.S. will sell 3-and 6-month bonds the results will be known in 15:30 GMT.

The shared currency held a five-day gain versus the yen after Germany’s Spiegel magazine reported the European Central Bank’s governing council may decide at its next gathering to set yield limits on each country’s debt. Given the ECB’s ability to print money, it will have unlimited funds to buy member-nation bonds and prevent speculators from driving interest rates above preset limits, Spiegel reported without saying where it got the information. An ECB official declined to comment on the report. Luxembourg’s Prime Minister Jean-Claude Juncker, who also heads the group of euro-area finance ministers, will discuss the request by Greece’s Prime Minister Antonis Samaras for a two- year extension to the indebted nation’s fiscal adjustment program when he visits Athens on Aug. 22.

The dollar reached a five- week high against its Japanese counterpart before the Federal Reserve releases minutes in two days of its most recent meeting. The Fed is due to release on Aug. 22 minutes of its two-day gathering that concluded on Aug. 1, when officials refrained from boosting monetary stimulus, a move which could debase the U.S. currency. Members of the Federal Open Market Committee will next meet on Sept. 12-13.

EUR / USD: during the Asian session, the pair traded in a range of $1.2320-$1.2345.

GBP / USD: during the Asian session, the pair traded in a range of $1.5675-$1.5700.