The dollar fell against the euro, losing the all previously earned a position on the background of the fact that the U.S. secretary of state John Kerry said the United States will study the offer from Russia to Syria. Note that Russian diplomats over the past day could seriously change the approach to the Syrian issue. Foreign Minister Sergei Lavrov said today that the country will soon submit a concrete plan for the transfer of chemical weapons in Syria under international control. On the eve of Lavrov caught on the word of his colleague, the Secretary of State, John Kerry , who offered to Damascus to voluntarily surrender all chemical weapons and thereby avoid military action. Unexpectedly for many peace initiative has gained quite real. The Russian version is supported by many western countries. And, most importantly , Syria has given its consent . Voting in the U.S. Senate by a military scenario postponed indefinitely.

Meanwhile , we add that the partial pressure on the dollar had previously submitted a report which showed that the number of jobs in the U.S. fell by 180 thousand

As it became known, in July, the number of vacancies in the private sector in the U.S. has decreased by 180 thousand to 3.69 million compared with the revised 3.87 million the previous month, the Labor Department said in Washington. The pace of hiring increased .

Compared to the same period of the previous year had risen by 5.4 % , as private jobs increased by 5.3 % to 3.28 million , while government jobs have increased to 405 thousand from 380 thousand at about 11,510 million unemployed in July , there were about 3.1 potential applicants per job opening . In July 2012 , there were about 12.7 million unemployed and about 3.6 potential applicants per vacancy .

The yen depreciated significantly against the dollar, which in the first place was due to the publication of the minutes of the last meeting of the Bank of Japan , in which the management has stated its firm intention to continue easing monetary policy. In addition , reports have shown that the participants of the Board of the Bank of Japan monetary policy believe that the Japanese economy is beginning to show a moderate recovery .

Note that at the meeting of the Bank of Japan decided to leave its monetary easing program unchanged , as the economy began to recover moderately , while inflation data came out positive. We also add that the Bank of Japan kept its plan to increase the monetary base at an annual rate of 60-70 trillion . yen , keeping interest rates at a record low of 0.10 percent. Recall that the massive monetary easing program was launched in April, shortly after Haruhiko Kuroda led as head of the Bank of Japan. This program, one of the " three arrows ", invented by Prime Minister Shinzo Abe , and is aimed at ending the 15- year deflation in the economy.

The Australian dollar rose to a six-week high against the U.S. counterpart amid improved business confidence after the election. According to the National Australia Bank, business confidence in Australia in August rose to its highest level since May 2011 against the expected victory of the coalition of the Liberal and Conservative parties in the elections .

On Sunday, the coalition won a landslide victory over the government of the liberal minority, which advocated for new taxes on the profits of the mining industry and on carbon emissions. Elected Prime Minister Tony Abbott has promised to cut both taxes and invest in infrastructure.

As shown by National Australia Bank, the index of business confidence in Australia in August rose to 6 , the highest level in more than two years. In July, the index stood at -3 . The index of business conditions rose slightly , from -7 to -6 .

The Italian economy contracted at a slightly faster pace in the second quarter than initially estimated, but at a weaker rate than in the March quarter, final data from statistical office Istat showed Tuesday.

Gross domestic product (GDP) dropped a seasonally and calendar-adjusted 0.3 percent quarter-over-quarter in the June quarter, a tad faster than the 0.2 percent fall estimated earlier. In the first quarter, the economy had logged a faster contraction of 0.6 percent.

Overall output was negatively influenced by a slump in final consumption and capital formation, both of which decreased 0.3 percent each. Italy's imports were lower by 0.3 percent than in the March quarter, while exports recorded a 1.2 percent increase.

According to the revised data, GDP fell 2.1 percent from the second quarter of 2012, while the flash estimates were for a 2 percent fall. However, rate of decline was slower than 2.3 seen in the first quarter.

EUR/USD $1.3210, $1.3215, $1.3250, $1.3300

USD/JPY Y98.40, Y98.50, Y99.00, Y99.05, Y99.50, Y100.15, Y100.30, Y100.50

GBP/USD $1.5585, $1.5625, $1.5630

USD/CHF Chf0.9300

AUD/USD $0.9100, $0.9145, $0.9200, $0.9260

AUD/JPY Y92.25

USD/CAD C$1.0400, C$1.0535

06:45 France Industrial Production, m/m July -1.4% +0.7% -0.6%

06:45 France Industrial Production, y/y July -0.2% -0.4% -1.8%

08:30 United Kingdom BOE Credit Conditions Survey Quarter III

The euro fell against the dollar after weak data on industrial production in France. The volume of French industrial production fell in July compared with June , data showed on Tuesday statistical office Insee. Industrial production fell unexpectedly by 0.6 percent in July compared with the previous month , though at a slower rate than the 1.4 percent decline in June. Production, according to expectations , was to increase by 0.5 percent.

Manufacturing output fell by 0.7 percent, confounding expectations for a 0.7 percent rise. Moreover, the rate of decline was greater than the 0.4 percent fall, which was recorded in June. On a monthly measurement of the decline in July was largely due to the 6.7 - percent drop in the production of vehicles and equipment. In addition, the production of coke and petroleum products fell by 6 percent.

On an annual basis , a decrease of industrial production accelerated to 1.8 percent from 0.1 percent. In addition , the volume of manufacturing output fell by 2.5 percent after easing to 0.4 percent in June. Economists had expected industrial production and manufacturing output to decline in July by 0.5 percent each .

The yen fell to a two-week low against the euro , as Management of the Bank of Japan announced its firm intention to continue easing the monetary policy of the bank. This was stated in the minutes of the last meeting of the Central Bank , which was held last week.

The Australian dollar rose to a six-week high on the back of improved business confidence after the election. According to the National Australia Bank, business confidence in Australia in August rose to its highest level since May 2011 against the expected victory of the coalition of the Liberal and Conservative parties in the elections .

On Sunday, the coalition won a landslide victory over the government of the liberal minority, which advocated for new taxes on the profits of the mining industry and on carbon emissions. Elected Prime Minister Tony Abbott has promised to cut both taxes and invest in infrastructure.

As shown by National Australia Bank, the index of business confidence in Australia in August rose to 6 , the highest level in more than two years. In July, the index stood at -3 . The index of business conditions rose slightly , from -7 to -6 .

EUR / USD: during the European session, the pair fell to $ 1.3228

GBP / USD: during the European session, the pair fell to $ 1.5686

USD / JPY: during the European session, the pair rose to Y100.38

At 12:15 GMT in Canada will be released by Housing Starts for August. U.S. at 14:00 GMT and will publish a vacancy rate of labor turnover from the Bureau of Labor Statistics in July , and 20:30 GMT - the change in volume of crude oil , according to API. At 21:00 GMT New Zealand will release the house price index from REINZ and the change in volume of home sales for August from REINZ . At 23:50 GMT Japan will publish the BSI business conditions index for large manufacturers and business conditions index (BSI) for large enterprises in all sectors of the 3rd quarter .

EUR/USD

Offers $1.3320/25, $1.3295/300

Bids $1.3235/25, $1.3210/00, $1.3175/70, $1.3150/40

GBP/USD

Offers $1.5780/85, $1.5750/55

Bids $1.5650, $1.5630, $1.5600, $1.5565/60, $1.5555/50, $1.5525/20

AUD/USD

Offers $0.9400, $0.9350, $0.9330/35, $0.9300

Bids $0.9205/00, $0.9155/50, $0.9100, $0.9080

EUR/GBP

Offers stg0.8550/55, stg0.8520, stg0.8450/65

Bids stg0.8410/00, stg0.8390, stg0.8380, stg0.8350

EUR/JPY

Offers Y133.80, Y133.50, Y133.00

Bids Y131.50, Y130.80, Y130.00/9.80, Y129.50, Y129.20, Y129.00, Y128.50

USD/JPY

Offers Y101.00, Y100.80, Y100.50, Y100.20/30

Bids Y99.35/30, Y99.20-00, Y98.50, Y98.25/20, Y98.00

EUR/USD $1.3210, $1.3215, $1.3250, $1.3300

USD/JPY Y98.40, Y98.50, Y99.00, Y99.05, Y99.50, Y100.15, Y100.30, Y100.50

GBP/USD $1.5585, $1.5625, $1.5630

USD/CHF Chf0.9300

AUD/USD $0.9100, $0.9145, $0.9200, $0.9260

AUD/JPY Y92.25

USD/CAD C$1.0400, C$1.0535

01:30 Australia National Australia Bank's Business Confidence August -3 6

The dollar held a decline from yesterday versus most major peers amid prospects a Russian bid to get Syria to surrender its chemical weapons may avert a U.S. military strike, damping demand for haven currencies. “If the establishment of international control of chemical weapons in the country will help avoid military strikes, we will immediately start working with Damascus,” Russian Foreign Minister Sergei Lavrov said after meeting with his Syrian counterpart in Moscow yesterday. Syria’s government said it welcomed the idea.

President Barack Obama addresses the nation today, seeking to make the case that U.S. security is at stake if the Syrian regime’s use of chemical weapons against civilians goes unanswered.

The yen fell to a two-week low versus the euro as Bank of Japan policy makers agreed that the effects of monetary easing are firmly taking hold, according to minutes of last month’s meeting.

The Australian and New Zealand dollars extended a two-day gain before Chinese data that may add to signs of a rebound in the world’s second-largest economy. China’s factory production increased 9.9 percent in August from a year earlier, compared with a 9.7 percent gain in the previous month, the National Bureau of Statistics is predicted to say today, according to the median estimate in a Bloomberg survey. Retail sales probably advanced 13.3 percent after July’s 13.2 percent increase, a separate poll forecast.

EUR / USD: during the Asian session the pair rose to $ 1.3270

GBP / USD: during the Asian session, the pair trading around the $ 1.5700

USD / JPY: during the Asian session the pair traded in the range of Y99.45-75

Tuesday sees a fairly muted calendar, with largely second tier data set for release on both sides of the Atlantic. Once again, markets will be awaiting President Obama's address to the nation, expected late evening Eastern Time. The European calendar gets underway at 0645GMT, when the French July industrial output data is set to be published. Italian second quarter final GDP data will be released at 0800GMT. Analysts expect the report to show a q/q fall of 0.2% and an annualised fall of 2.0% - both in line with the first revision. Also at 0800GMT, Germany's opposition SPD shadow minister Christiane Krajewski presents a program on ending the euro crisis, in Berlin. Back in Europe, at 1230GMT, ECB Executive Board Member Joerg Asmussen will sit on a monetary policy panel in Brussels.

(pare/closed(00:00 GMT +02:00)/change, %)

EUR/USD $1,3252 +1,02%

GBP/USD $1,5692 +0,66%

USD/CHF Chf0,9322 -1,36%

USD/JPY Y99,60 -0,56%

EUR/JPY Y132,01 +0,46%

GBP/JPY Y156,30 +0,12%

AUD/USD $0,9227 +1,05%

NZD/USD $0,8017 +1,65%

USD/CAD C$1,0370 -1,30%

01:00 Australia Consumer Inflation Expectation September +2.3%

01:30 Australia National Australia Bank's Business Confidence August -3

05:30 China Retail Sales y/y August +13.2% +13.3%

05:30 China Fixed Asset Investment August +20.1% +20.2%

05:30 China Industrial Production y/y August +9.7% +9.9%

06:00 Japan Prelim Machine Tool Orders, y/y August -12.2%

06:45 France Industrial Production, m/m July -1.4% +0.7%

06:45 France Industrial Production, y/y July -0.2% -0.4%

08:00 China New Loans August 700 731

08:30 United Kingdom BOE Credit Conditions Survey Quarter III

12:15 Canada Housing Starts August 193 190

14:00 U.S. JOLTs Job Openings July 3936

20:30 U.S. API Crude Oil Inventories September -4.2

21:00 New Zealand REINZ Housing Price Index, m/m August -0.5%

23:50 Japan BSI Manufacturing Index Quarter III 5.0 7.2