European session: euro fell

Data

00:30 Australia Westpac Consumer Confidence August +3.7% -2.5%

01:30 Australia Wage Price Index, q/q Quarter II +0.9% +0.9% +1.0%

01:30 Australia Wage Price Index, y/y Quarter II +3.6% +3.5% +3.7%

08:30 United Kingdom Bank of England Minutes -

08:30 United Kingdom Claimant count July 6.4 6.3 -5.9

08:30 United Kingdom Claimant Count Rate July 4.9% 4.9% 4.9%

08:30 United Kingdom ILO Unemployment Rate June 8.1% 8.1% 8.0%

08:30 United Kingdom Average Earnings, 3m/y June +1.5% +1.9% +1.6%

08:30 United Kingdom Average earnings ex bonuses, 3 m/y June +1.8% +1.9% +1.8%

The dollar rose against most major currencies on speculation that the Fed will refrain from further measures to mitigate the monetary and as investors await a report today on the level of industrial production in the United States.

The U.S. currency added against the yen, reaching with the highest level in nearly a month. Earlier, the euro strengthened against the yen after the Commissioner of European Economic and Monetary Affairs Commissioner Olli Rehn made it clear that Spain is considering the possibility to request international help to rein in borrowing costs.

The pound rose against major currencies after a report showed that the unemployment rate in Britain unexpectedly fell in July from 8.1% to 8%.