The dollar fell against the euro , thus responding to the not too optimistic data on business activity in the U.S. service sector . As we learned from the report , which was submitted to Markit Economics, activity in the U.S. service sector continued to grow steadily in December , albeit slightly lower than anticipated . According to the report , the final index of business activity for the services sector amounted to 55.7 points in December , compared with the initial reading at the level of 56.0 points, and the final value of November at around 55.9 points . Experts had expected the index to remain unchanged - at the level of 56.0 points. In addition, it was reported that the composite index , which covers the production and service sectors also fell slightly in December - up to 56.1 from 56.2 in November. Nevertheless , the index indicates a strong increase of activity in the manufacturing and services sectors combined.

At the same time , another report showed that in December, the index of business activity in the U.S. service sector , calculated by the Institute for Supply Management (ISM) fell, while reaching the level of 53.0 , compared with the November reading at around 53.9 . According to experts , this indicator would grow to 54.6 . All the basic sub - codes , apart from one in December remained on site expansion ( greater than 50 ) . The greatest impact on the reduction of sub- indices had orders and business activity. Showed growth sub- indices of employment and prices.

Earlier, the euro contributed to the growth of data that showed that growth in the euro zone's private sector accelerated in December , with the support of a significant improvement in the manufacturing sector . On a seasonally adjusted composite index that measures the performance in the industrial sector and the service sector , rose to a three-month high in December - to the level of 52.1 points , compared with 51.7 in November. Add that last result corresponded to preliminary estimates . Recovery headed high in the manufacturing sector , where growth accelerated to the highest level since May 2011 , helped by the improvement in new orders . Meanwhile, it became known that the purchasing managers' index for the services sector fell slightly - to 51.0 points in December from 51.2 in November. The latter figure was in line with the preliminary estimates. Slowdown reflects continuing weakness in some domestic markets.

Pound recovered some lost ground against the dollar, when the British currency declined amid expectations the publication of data on service sector activity . As it became known , the growth in the UK services sector unexpectedly slowed in December , against which the corresponding figure fell below 59 points. However, experts note that the confidence grew and the economy can still record its strongest expansion since 2007 last year.

According to the report , the monthly purchasing managers index (PMI) for the service sector fell to a six-month low in December - to the level of 58.8 points, contrary to the predictions of experts on the growth to the level of 60.4 points from 60.0 points in November . However, this figure remains well above the 50 mark that divides growth from contraction. We also add that business confidence about the future rose to its highest level since March 2010 - the corresponding index was 73.5 points , helped by an increase in new orders.

The yen traded upward against the dollar, recovering previously lost ground . Japanese yen helped report , which showed that business activity index for non-manufacturing sector grew in Japan last month , registering with the fourteenth consecutive monthly expansion . This became known to their research results , which were published today Markit Economics. According to the report , the business activity index for the services sector rose to 52.1 points in December , compared with November's three-month low of 51.8 points . This result indicates a slight acceleration of growth in business activity , as well as a continuation of a series of extensions , which lasts for 14 consecutive months. Meanwhile, it became known that the composite PMI , which measures the efficiency in both sectors , namely in the manufacturing and service sectors , remained unchanged in December , reaching 54.0 points in this , and proceeded to point to steady expansion .

EUR/USD $1.3630

USD/JPY Y104.00, Y104.50, Y105.00, Y105.20, Y105.30, Y105.50, Y106.00

EUR/GBP stg0.8460

AUD/USD $0.8940, $0.9000

Data

1:45 China PMI in the service sector from HSBC December 52.5 50.9

8:48 France PMI services sector ( final data ) December 47.4 47.4 47.8

8:53 Germany PMI services sector ( final data ) December 54.0 54.0 53.5

8:58 Eurozone business activity in the services sector ( final data ) December 51.0 51.2 51.0

09:30 EU indicator of investor confidence Sentix January 8.0 9.7 11.9

09:30 UK Postal Services PMI 60.0 60.4 December 58.8

13:00 Germany CPI m / m (preliminary data ) December +0.2% +0.3%  +0.4%

13:00 Germany CPI y / y (preliminary data ) December +1.3% +1.4%  +1.4%

Rate of the euro retreated from a session high against the dollar, while returning to the opening level of today's session . Influenced the course of trading data on business activity . They showed that growth in the euro zone's private sector accelerated in December , with the support of a significant improvement in the manufacturing sector . It became known from the final data , which were published today Markit Economics.

On a seasonally adjusted composite index that measures the performance in the industrial sector and the service sector , rose to a three-month high in December - to the level of 52.1 points , compared with 51.7 in November. Add that last result corresponded to preliminary estimates . Recovery headed high in the manufacturing sector , where growth accelerated to the highest level since May 2011 , helped by the improvement in new orders . Meanwhile, it became known that the purchasing managers' index for the services sector fell slightly - to 51.0 points in December from 51.2 in November. The latter figure was in line with the preliminary estimates. Slowdown reflects continuing weakness in some domestic markets.

Slight pressure on the euro have standby output data from the U.S. . The report forecast to show that the index of business activity in the service sector from the Institute for Supply Management rose to 54.6 last month from 53.9 in November. Separate release may show that factory orders world's largest economy grew by 1.8 percent in November , compared with a fall of 0.9 % a month earlier .

Pound regained some lost ground against the dollar, but still continues to trade with a noticeable decrease . Originally currency collapse was due to the expectations of the British publication data , and amid volatile trading .

As it became known , the growth in the UK services sector unexpectedly slowed in December , against which the corresponding figure fell below 59 points. However, experts note that the confidence grew and the economy can still record its strongest expansion since 2007 last year.

According to the report , the monthly purchasing managers index (PMI) for the service sector fell to a six-month low in December - to the level of 58.8 points, contrary to the predictions of experts on the growth to the level of 60.4 points from 60.0 points in November . However, this figure remains well above the 50 mark that divides growth from contraction. We also add that business confidence about the future rose to its highest level since March 2010 - the corresponding index was 73.5 points , helped by an increase in new orders.

The yen traded upward against the dollar, although it has lost some of the previously captured positions . Japanese yen helped report , which showed that business activity index for non-manufacturing sector grew in Japan last month , registering with the fourteenth consecutive monthly expansion . This became known to their research results , which were published today Markit Economics.

According to the report , the business activity index for the services sector rose to 52.1 points in December , compared with November's three-month low of 51.8 points . This result indicates a slight acceleration of growth in business activity , as well as a continuation of a series of extensions , which lasts for 14 consecutive months.

Meanwhile, it became known that the composite PMI , which measures the efficiency in both sectors , namely in the manufacturing and service sectors , remained unchanged in December , reaching 54.0 points in this , and proceeded to point to steady expansion .

EUR / USD: during the European session, the pair rose to $ 1.3618 , but then decreased slightly

GBP / USD: during the European session, the pair fell to $ 1.6334 , then recovered slightly

USD / JPY: during the European session, the pair rose from Y104.14 to Y104.65

At 13:30 GMT , Canada will release the index of commodity prices for November. At 15:00 GMT the U.S. will release the composite index of ISM non-manufacturing areas in December , and will report on changes in the volume of industrial orders for November. At 23:50 GMT , Japan will declare to the change in the monetary base in December.

EUR/USD

Offers $1.3770/80, $1.3750, $1.3720/25, $1.3700/05, $1.3650, $1.3675/80, $1.3620/30

Bids $1.3572, $1.3570, $1.3555/50, $1.3525/20, $1.3500

GBP/USD

Offers $1.6545/50, $1.6530/35, $1.6500/10, $1.6475/85, $1.6445/50, $1.6420

Bids $1.6337, $1.6325/15, $1.6300, $1.6294

AUD/USD

Offers $0.9050, $0.9020, $0.9000, $0.8982

Bids $0.8925/20, $0.8900, $0.8855/50, $0.8825/20

EUR/JPY

Offers Y143.80, Y143.50, Y143.00, Y142.80, Y142.50

Bids Y141.85/80, Y141.50, Y141.30/25, Y141.00

USD/JPY

Offers Y106.00, Y105.80, Y105.45/50, Y105.30/40, Y104.65/70

Bids Y104.15, Y104.00, Y103.80/75, Y103.70, Y103.50

EUR/GBP

Offers sg0.8400/05, stg0.8370/80, stg0.8350, stg0.8330/35, stg0.8332

Bids stg0.8260/50, stg0.8250, stg0.8220, stg0.8205/00

EUR/USD $1.3630

USD/JPY Y104.00, Y104.50, Y105.00, Y105.20, Y105.30, Y105.50, Y106.00

EUR/GBP stg0.8460

AUD/USD $0.8940, $0.9000

01:45 China HSBC Services PMI December 52.5 50.9

The dollar reached the strongest against the euro in a month before U.S. services and factory data today that may bolster the case for the Federal Reserve to end its bond-buying program this year. The Institute for Supply Management may say today its U.S. non-manufacturing index climbed to 54.6 last month from 53.9 in November, according to the median estimate of economists surveyed by Bloomberg News. A reading above 50 shows expansion among companies that account for almost 90 percent of the world’s biggest economy.

The Bloomberg Dollar Spot Index closed last week at the highest in almost four months after Fed Chairman Ben S. Bernanke said headwinds for the U.S. economy may be abating. The central bank said Dec. 18 it would trim monthly bond buying by $10 billion this month.

The yen climbed against most major peers as its decline last year was seen as excessive.

The euro slid to an almost three-week low against the yen before data tomorrow that may show the region’s inflation stayed below 1 percent. Euro-area inflation remained below 1 percent for a third-straight month in December, less than half the ECB’s goal, according to economists surveyed by Bloomberg before tomorrow’s report.

EUR / USD: during the Asian session, the pair traded in the range of $ 1.3580-00

GBP / USD: during the Asian session the pair fell to $ 1.6345

USD / JPY: on Asian session the pair fell to Y104.15

Financial markets are largely up to full strength Monday, although a few centres will be closed for the Epiphany holiday. There is a run of European data expected in the morning session, largely focusing on the Euro are services PMI data. The main euro area services PMI releases kick off at 0813GMT, when Spanish data crosses the wires. Analysts are looking for 51.6. Italian data follows at 0843GMT, with French services PMI due at 0848GMT. German data is expected at 0853GMT and amalgamated Euro area data at 0858GMT. Analysts see German data coming in at 54.0 and Overall euro area services PMI at 51.0. Composite euro area PMI is expected to come in at 52.1. Spain's December employment data will be released at 0900GMT. That will be followed at 0930GMT by the release of the European January Sentix Investor Confidence data, expected to rise to 9.5 from December's 8.

01:45 China HSBC Services PMI December 52.5

08:48 France Services PMI (Finally) December 47.4 47.4

08:53 Germany Services PMI (Finally) December 54.0 54.0

08:58 Eurozone Services PMI (Finally) December 51.0 51.2

09:30 Eurozone Sentix Investor Confidence January 8.0 9.7

09:30 United Kingdom Purchasing Manager Index Services December 60.0 60.4

13:00 Germany CPI, m/m (Preliminary) December +0.2% +0.3%

13:00 Germany CPI, y/y (Preliminary) December +1.3% +1.4%

13:30 Canada Industrial Product Prices, m/m November -0.3% 0.0%

13:30 Canada Raw Material Price Index November -2.3% -1.1%

14:00 U.S. Services PMI (Finally) December 56.0 56.0

15:00 U.S. ISM Non-Manufacturing December 53.9 54.6

15:00 U.S. Factory Orders November -0.9% +1.8%

22:30 U.S. Fed Chairman Nomination Vote

23:50 Japan Monetary Base, y/y December +52.5% +55.2%