Rate of the euro retreated from session highs against the dollar, but in spite of this, still continues to trade at a slight increase . Note that support for the U.S. currency was president of the Fed's comments , New York, who has expressed more optimistic about the economic prospects for the U.S., though declined to comment on how they may impact on monetary policy.

" We see not only the improvement of data , but also a significant weakening of the fiscal brakes that held back the growth of the economy, which is likely to continue over the next few years , along with the improvement of basic economics . With the accelerating pace of growth, I expect to see a significant improvement in labor market conditions and a gradual rise in inflation to the target level of the Fed , "- said Dudley .

However, he expressed some caution due to the fact that in recent years, the dynamics of the economy was worse than expected.

Many economists expect that because of ambiguous data and continuing uncertainty that emerged as a result of the suspension of the government in October , the Fed will continue bond-buying program and will begin to fold it in 2014.

However , stronger -than-expected labor market data led some economists believe that the Fed may begin to curtail the incentive program before. According to them , it can happen at the December meeting of the Federal Reserve.

With regard to the data presented, it is to provide a report on the United States. The National Association of Home Builders that its indicator of the state of the housing market was 54 in November , being in line with the revised index down in October.

The results were below expectations. Economists expected the index to rise to 56 compared with 55 , which was originally reported in October.

NAHB reported that people are showing interest in buying a new home , but the current housing affordability conditions hamper their intentions . Builders are also faced with problems related to the cost of construction and low scores .

The Canadian dollar continued to strengthen against the U.S. dollar after a small correction . Note that the dynamics of trade affected by comments of Deputy Governor of the Bank of Canada Tiff Maklema , who said that the financial reforms of Great Twenty countries after the economic crisis , have helped reduce the risk of future collapse in the world and has led to the fact that the risk is less affected by monetary policy Canada.

"Considerable progress has been made in the financial reform members of the G- 20, which has made the world a safer financial system . This reduces the risk that the financial collapse anywhere in the world affects the world and the Canadian economy, " - said the ILCA to the report. He did not touch the economic forecast of the Bank or the prospects of monetary policy, but said that risk management is an important element of monetary policy

He identified as a set of general principles aimed at reforming the global financial system has helped alleviate major shocks in many countries , they have faced during the last economic crisis of 2008-2009 These principles, which include higher standards on capital requirements for financial institutions together well developed in terms of the requirements of leverage and liquidity levels , helped to manage risk and ensure the stability of the financial system.

ILCA added that the risk of a financial crisis is now less influence on decision of the Bank of Canada 's Monetary Policy , which he considers one of the hallmarks of a successful implementation of the principles .

USD/JPY Y98.70, Y99.50, Y99.75, Y100.00, Y100.30, Y100.45, Y100.50

EUR/USD $1.3400, $1.3420, $1.3450, $1.3495, $1.3500, $1.3525

GBP/USD $1.5920, $1.5925, $1.6000, $1.6050, $1.6100

EUR/GBP stg0.8435

AUD/USD Y93.25, Y93.50, $0.9370, $0.9400, $0.9470, $0.9600

USD/CAD C$1.0430, C$1.0465, C$1.0500

09:00 Eurozone Current account, adjusted, bln September 17.9 Revised From 17.4 18.3 13.7

10:00 Eurozone Trade Balance s.a. September 12.3 14.3 14.3

The euro rose against the dollar on payments data and the trade balance of the euro area. In the euro area 's current account surplus fell to a seasonally adjusted 13.7 billion in September from 17.9 billion euros in August , said Monday the European Central Bank . The data showed that the trade surplus fell to 13.7 billion euros from 14.7 billion euros in August. In addition, the services account surplus fell to 7.6 billion euros in September from 8.2 billion euros in August.

Trade area in goods with the rest of the world has led to a positive balance of € 13.1 billion in September , compared with EUR 6.9 billion surplus in August. A year earlier , the surplus amounted to 8.6 billion euros. In September, exports increased by 1 percent compared to the previous month, adjusted for seasonal variations. Imports fell by 0.3 percent. On an unadjusted basis exports rose 3 percent in September compared with a year earlier. While imports remained unchanged on an annual basis.

The U.S. dollar remains under slight pressure , continuing to remain under the influence of comments Janet Yellen , voiced last week. Yellen dovish statement and its responses to the Committee's questions regarding the role of the Federal Reserve have convinced markets that the Bank will continue to conduct ultra accommodative policy. The future head of the Federal Reserve noted that in her opinion , the Fed should continue to support economic recovery. A cautious approach to any issue related with folding Fed program of 85 billion dollars , supports risk by stimulating the stock markets and putting pressure on the dollar.

Today is expected to address the Fed Plosser ( Philadelphia Fed ) and Dudley ( Federal Reserve Bank of Chicago ) .

EUR / USD: during the European session, the pair rose to $ 1.3517

GBP / USD: during the European session, the pair has set high at $ 1.6150 and then retreated to lows on $ 1.6091

USD / JPY: during the European session, the pair fell to Y99.77 and stepped

EUR/USD

Offers $1.3615/20, $1.3600, $1.3565/70, $1.3550, $1.3530

Bids $1.3475/70, $1.3450

GBP/USD

Offers $1.6250/60, $1.6200/10,$1.6160/65, $1.6150

Bids $1.6105/095, $1.6085, $1.6070, $1.6050/45, $1.6030

AUD/USD

Offers $0.9550, $0.9500, $0.9480, $0.9450, $0.9420

Bids $0.9380, $0.9350, $0.9300

EUR/GBP

Offers stg0.8430, stg0.8415/20, stg0.8390/400

Bids stg0.8340, stg0.8325/20, stg0.8300

EUR/JPY

Offers Y137.00, Y136.50, Y136.00, Y135.50

Bids Y134.20/00, Y133.50

USD/JPY

Offers Y101.00, Y100.80, Y100.50

Bids Y99.50/40, Y99.20, Y99.00

Average asking prices of a property in the U.K. declined in November in line with the usual pre-Christmas trend, a monthly survey by Rightmove revealed Monday.

Prices fell 2.4 percent on a month-on-month basis, following a 2.8 percent surge in October. However, compared with an average November fall over the last three years, this year's drop was slightly more muted. "The excitement about Help-to-Buy's early launch failed to buck the seasonal trend of a fall in new sellers'    average         asking prices," Rightmove director Miles Shipside said.

Rightmove said that with increase in property demand and reduction in the number of property available in the market, there are indications that momentum is building for 2014. The online real estate firm expects 4 percent annual growth in prices next year, the highest seen since November 2007.

Rightmove traffic since September's Help to Buy announcement is up 30 percent compared to the same period in 2012.

Year-on-year, prices increased 4 percent in November following a 3.8 percent rise in October.

Eurozone's foreign trade surplus increased markedly in September, the latest data from the statistical office Eurostat showed Monday.

The region's trade in goods with the rest of the world resulted in a surplus of EUR 13.1 billion in September, up from EUR 6.9 billion surplus in August. A year earlier, the surplus amounted to 8.6 billion.

In September, exports rose 1 percent month-on-month after adjusting to seasonal variations. Imports were down 0.3 percent. Exports rose 3 percent in September from a year earlier on an unadjusted basis. Imports remained unchanged on an annual basis.

Meanwhile, foreign trade by EU28 resulted in a surplus of EUR 0.6 billion compared with a deficit of EUR 2.4 billion in August and deficit of EUR 14.5 billion in September last year.

The euro area current account surplus declined to a seasonally adjusted EUR 13.7 billion in September from EUR 17.9 billion in August, the European Central Bank reported Monday.

Data showed that the surplus on goods trade decreased to EUR 13.7 billion from EUR 14.7 billion in August. Likewise, the surplus on services fell to EUR 7.6 billion in September from EUR 8.2 billion.

Further, income declined to EUR 2.5 billion from EUR 4.8 billion in August. Partially offsetting the surplus, the shortfall on current transfers widened to EUR 10.1 billion from EUR 9.7 billion in the prior month.

However, on an unadjusted basis, the current account surplus increased to EUR 14 billion from EUR 12.4 billion in August.

In the financial account, combined direct and portfolio investment recorded net outflows of EUR 12 billion in September, as a result of net outflows for both direct investment and portfolio investment, the ECB said.

House prices in all Chinese cities except Wenzhou increased in October as the government abstained from initiating new property curbs.

House prices rose in 69 out of 70 cities tracked by the government, data published by the National Bureau of Statistics showed Monday.

On a yearly basis, prices surged 20.2 percent in Shenzhen and 17.8 percent in Shanghai. And it gained 16.4 percent in Beijing.

Month-on-month, house prices increased in 65 cities in October. Prices remained unchanged in three cities and declined in two.

USD/JPY Y98.70, Y99.50, Y99.75, Y100.00, Y100.30, Y100.45, Y100.50

EUR/USD $1.3400, $1.3420, $1.3450, $1.3495, $1.3500, $1.3525

GBP/USD $1.5920, $1.5925, $1.6000, $1.6050, $1.6500

EUR/GBP stg0.8435

AUD/USD Y93.25, Y93.50, $0.9370, $0.9400, $0.9470, $0.9600

USD/CAD C$1.0465, C$1.0500

00:01 United Kingdom Rightmove House Price Index (MoM) November +2.8% -2.4%

00:01 United Kingdom Rightmove House Price Index (YoY) November +3.8% +4.0%

01:30 China Property Prices, y/y October +9.1% +9.6%

The U.S. Dollar Index headed for its lowest close in more than a week amid bets some Federal Reserve speakers will echo Chairman-nominee Janet Yellen in reiterating the need for monetary stimulus. Yellen at her Nov. 14 congressional hearing indicated she’ll press on with the central bank’s unprecedented monetary stimulus until she sees a robust recovery, downplaying risks the policy is inflating asset bubbles. The dollar held declines from last week versus most major peers. New York Fed President William C. Dudley, a permanent voter on monetary policy, is scheduled to speak today, as are Eric Rosengren, Charles Plosser and Narayana Kocherlakota. Dudley said Oct. 15 that the Fed is missing “by much more” on the employment side of its mandate than on the inflation side.

The yen traded near a two-month low against the greenback and slid versus most of its major counterparts before Bank of Japan policy makers meet this week. BOJ Governor Haruhiko Kuroda and his board will gather for a two-day meeting starting Nov. 20. Almost three-quarters of economists in a Bloomberg News survey expect the central bank will bolster stimulus in the first six months of 2014.

EUR / USD: during the Asian session the pair traded in the range of $ 1.3475-95

GBP / USD: during the Asian session, the pair traded in the range of $ 1.6100-25

USD / JPY: during the Asian session the pair fell to the level of Y100.00

00:01 United Kingdom Rightmove House Price Index (MoM) November +2.8% -2.4%

00:01 United Kingdom Rightmove House Price Index (YoY) November +3.8% +4.0%

01:30 China Property Prices, y/y October +9.1% +9.6%

06:00 U.S. FOMC Member Rosengren Speaks

09:00 Eurozone Current account, adjusted, bln September 17.4 18.3

09:00 Eurozone Bank of Spain bad loans data September 12.1%

10:00 Eurozone Trade Balance s.a. September 12.3 14.3

13:30 Canada Foreign Securities Purchases September 2.08 6.71

14:00 U.S. Net Long-term TIC Flows September -8.9 21.3

14:00 U.S. Total Net TIC Flows September -2.9

15:00 U.S. NAHB Housing Market Index November 55 56

16:00 Canada Gov Council Member Macklem Speaks

17:15 U.S. FOMC Member Dudley Speak

23:00 Australia Conference Board Australia Leading Index September -0.2%