The dollar's value has increased markedly against the euro, which was mainly caused by the publication of the U.S. Department of Labor, which showed that the number of initial claims for unemployment benefits unexpectedly fell, reaching at the same levels that occurred prior to the recession, which is consistent with other signs improvement in the labor market. According to the report, the seasonally adjusted for the week ending May 4, the number of initial claims for unemployment benefits dropped to the level of 323,000, compared to the upwardly revised figure for the previous week at the level of 327 thousand note that according to the average forecast of experts , the value of this index would grow to the level of 333 thousand, compared to 324 thousand, which was originally reported in the previous week. In addition, it was reported that on a seasonally adjusted basis the average claims for the past four weeks fell by 6,250 to 336,750 in the week ending May 4, which was the lowest level since November 2007.

Economists say that the present value is a positive sign for the labor market because fewer layoffs generally coincides with an increase in employment. However, some economists say the uncertainty surrounding U.S. fiscal policy and the global economy constrains hiring, despite the fact that employers do not want to cut staff.

Sterling exchange rate dropped significantly against the dollar, losing the all items won during the first half of the day, and moved into negative territory today.

It is worth noting that the Bank of England left and the asset purchase program, and bet on the same level: £ 375 billion and 0.5%, respectively, broadly in line with the forecast of the market. Was then published GDP forecast from NIESR for the three months to April, which was revised from +0.1% to +0.8%. However, despite the strong performance of the manufacturing sector in Britain and the inaction of the Central Bank, which is good for the pound sterling could not continue to grow, and stood in the context of the dominant risk aversion.

We also add that contributed to a sharp drop in the U.S. currency report on the number of initial claims for unemployment insurance.

EUR/USD $1.3000, $1.3050, $1.3075, $1.3085, $1.3100, $1.3125, $1.3150/55, $1.3200

USD/JPY Y98.00, Y98.50, Y98.75, Y98.80, Y98.85, Y99.00, Y99.50, Y100.00

GBP/USD $1.5375

EUR/CHF Chf1.2350

EUR/NOK Nok7.62

AUD/USD $1.0160, $1.0225, $1.0235, $1.0255, $1.0300

CAD/JPY Y99.50

EUR/USD

Offers $1.3220, $1.3200, $1.3190

Bids $1.3125/20, $1.3100, $1.3070/50, $1.3000

GBP/USD

Offers $1.5670/75, $1.5650, $1.5630, $1.5600/10

Bids $1.5520, $1.5500, $1.5480, $1.5450/45, $1.5430/20

AUD/USD

Offers $1.0330, $1.0315/20, $1.0290/00

Bids $1.0200, $1.0180, $1.0150, $1.0120/15

EUR/JPY

Offers Y131.00, Y130.50

Bids Y129.60/50, Y129.20, Y129.00, Y128.80/70, Y128.55/50

USD/JPY

Offers Y99.55/60, Y99.50, Y99.30, Y99.15/20

Bids Y98.50, Y98.25/20, Y98.00

EUR/GBP

Offers stg0.8545/50, stg0.8530/35, stg0.8500/10

Bids stg0.8440/35, stg0.8410/00

EUR/USD $1.3000, $1.3050, $1.3075, $1.3085, $1.3100, $1.3125, $1.3150/55, $1.3200

USD/JPY Y98.00, Y98.50, Y98.75, Y98.80, Y98.85, Y99.00, Y99.50, Y100.00

GBP/USD $1.5375

EUR/CHF Chf1.2350

EUR/NOK Nok7.62

AUD/USD $1.0160, $1.0225, $1.0235, $1.0255, $1.0300

01:30 Australia Changing the number of employed April -36.1 11.5 50.1

01:30 Australia Unemployment rate April 5.6% 5.6% 5.5%

01:30 China PPI y/y April -1.9% -2.2% -2.6%

01:30 China CPI y/y April +2.1% +2.3% +2.4%

05:00 Japan Leading Economic Index March 97.6 97.7 97.6

05:00 Japan Coincident Index March 92.4 93.2 93.3

The pound traded 0.4 percent from its highest level in almost three months against the dollar on speculation the Bank of England will refrain from expanding monetary stimulus at a policy meeting today. The BOE's Monetary Policy Committee will keep the target for its program of bond purchases known as quantitative easing at 375 billion pounds ($583 billion), according to all but one of 44 economists surveyed by Bloomberg News. In the minutes of the April meeting, the majority on the nine-member panel said monetary policy was already "highly stimulatory."

The euro held the biggest gain in three weeks ahead of a Spanish bond auction today that follows Portugal's first 10-year debt sale since its bailout in 2011. Spain will auction debt maturing in 2016, 2018 and 2026 today. The government's 10-year bond yielded 4.10 percent yesterday and touched a three-year low of 3.94 percent on May 3.

The currencies of Australia and New Zealand surged against most of their major counterparts as data showed job gains in the South Pacific nations exceeded estimates. In New Zealand, employment surged 1.7 percent, or 38,000 jobs, in the first three months of this year, official data showed today, more than the 0.8 percent expected by economists in a Bloomberg survey. The number of people employed in Australia increased 50,100 last month, the statistics bureau said, exceeding the median analyst estimate for a 11,000 gain.

The yen climbed as Asian stocks erased gains.

EUR / USD: during the Asian session, the pair rose $ 1.3165

GBP / USD: during the Asian session, the pair traded in the range of $ 1.5530-45

USD / JPY: during the Asian session, the pair fell to Y98.70

01:00 China New Loans April 1060 770

01:30 Australia Changing the number of employed April -36.1 11.5

01:30 Australia Unemployment rate April 5.6% 5.6%

01:30 China PPI y/y April -1.9% -2.2%

01:30 China CPI y/y April +2.1% +2.3%

05:00 Japan Leading Economic Index March 97.6 97.7

05:00 Japan Coincident Index March 92.4 93.2

06:00 France Bank holiday

06:00 Germany Bank holiday

06:00 Switzerland Bank holiday

08:00 Eurozone ECB Monthly Report March

08:30 United Kingdom Industrial Production (MoM) March +1.0% +0.3%

08:30 United Kingdom Industrial Production (YoY) March -2.2% -1.6%

08:30 United Kingdom Manufacturing Production (MoM) March +0.8% +0.4%

08:30 United Kingdom Manufacturing Production (YoY) March -1.4% -2.0%

09:30 United Kingdom BOE Deputy Governor Andrew Bailey Speaks

11:00 United Kingdom BoE Interest Rate Decision 0.50% 0.50%

11:00 United Kingdom Asset Purchase Facility 375 375

11:00 United Kingdom MPC Rate Statement

12:30 Canada New Housing Price Index March +0.2% +0.1%

12:30 U.S. Initial Jobless Claims April 324 333

14:00 United Kingdom NIESR GDP Estimate April +0.1%

14:00 U.S. Wholesale Inventories March -0.3% +0.3%

23:50 Japan Current Account (adjusted), bln March -0.1 480.4