European session: the euro rose sharply

Data
01:00 Australia HIA New Home Sales, m/m July +2.8% -5.6%
06:00 Switzerland UBS Consumption Indicator July 1.60 1.55
06:00 Germany Gfk Consumer Confidence Survey September 5.9 5.8 5.9
07:15 Switzerland Employment Level Quarter II 4.05 4.04 4.07
07:15 Switzerland Full time employment level Quarter II 2.79 2.81
08:00 Eurozone M3 money supply, adjusted y/y July +3.2% +3.3% +3.8%

The euro rose for the first time in three days against the dollar after Spain sold three-month and six-month treasury bills for a total of 3.607 billion euros against the planned 2.5-3.5 billion euro on speculation that the European Central Bank is preparing measures to combat debt crisis.
The single currency rose from one-week low against the yen as Spanish Prime Minister Mariano Rajoy prepares to meet with the president of the European Union, Herman Van Rompuy, in an attempt to address the funding of the country.
The pound weakened against the euro for the first time in three days on speculation that falling house prices will push the economy deeper into recession, increasing the likelihood that the Bank of England will buy more assets to stimulate economic growth. The Government's report, which was released on August 24 showed that UK GDP fell by 0.5%, compared with a fall of 0.7%, which was discussed on July 25, showing at the same time the longest decline since 2009. At the same time, the trade balance has decreased by 1% of GDP.
The Australian dollar touched its lowest level in a month after data added concerns that global economic growth will weaken. Also today, it was reported that new home sales in Australia fell in July for the first time in four months. But the loss of Australian and New Zealand dollar will likely be limited to speech Fed Chairman Ben Bernanke at a symposium in Jackson Hole.

EUR/USD: during the European session, the pair rose to a high of $ 1.2560, and then stepped back a bit from the reached values
GBP/USD: pair shows a slight increase, and is trading at the opening of the day
USD/JPY: pair set high at Y78.71, but then declined and is now at Y78.57

At 13:00 GMT the U.S. will index of housing prices in 20 major cities nationwide composite price index of the S & P / CaseShiller for June. At the same time, become aware of any change price index S & P / Case-Shiller U.S. in the second quarter. At 14:00 GMT the U.S. will release the consumer confidence indicator for August. At 20:30 GMT the U.S. to account for changes in the volume of crude oil, according to the API for August