European session: the euro rose sharply

The euro rose to a six-week high against the yen ahead of the meeting of regional leaders this week, where they will discuss the program for the fiscal stability of Greece.

The single currency rose sharply against the dollar, as the cost of Spanish debt fell today after the auction.

The dollar weakened against all but one of the 16 major currencies, against the background of declining demand for safe assets. Also, market participants are waiting for the release of data on housing sales, which will be presented tomorrow. It is expected that home sales rose last month.

The Australian dollar strengthened after the publication of Minutes of the meeting of the Reserve Bank of Australia, which showed that the internal market is showing signs of recovery, despite the weakness of the global economy.

The dollar index (DXY), which tracks the greenback against six major currencies, fell 0.4 percent to 82.134 today, after falling to 82.097, which is the lowest level since August 7.

EUR/USD: Trading in the pair shows a significant increase, and gradually approaching the resistance $ 1.2440

GBP/USD: pair rose sharply to a maximum of $ 1.5778 session, and then declined slightly and now stands at $ 1.5760

USD/JPY: during the course of the session fell below the minimum values ​​of the previous day, and then was able to recover and is now trading in the maximum

At 12:30 GMT, Canada will present data on wholesale sales for June. At 18:00 GMT publication of the minutes of the meeting held FOMC. Finish the day at 23:50 GMT Japan publication of data on the adjusted trade balance for July.