Asian session: The euro declined

The euro declined, snapping a three-day advance, amid renewed concerns about the region’s debt woes before Greece’s Prime Minister Antonis Samaras meets officials from the nation’s creditors. The common currency slid against most of its 16 major peers after Samaras failed to secure agreement from his coalition partners on 11.5 billion euros ($14.7 billion) of spending cuts required by lenders to his country. Samaras is due to meet officials from the euro area, the European Central Bank and International Monetary Fund today.

The Dollar Index (DXY) was 0.2 percent from a four-month low after a report last week showed U.S. jobs growth slowed, boosting speculation the Federal Reserve will undertake a third round of bond buying. Labor Department figures showed on Sept. 7 that nonfarm payrolls increased by 96,000 in August, down from a revised 141,000 the previous month. The unemployment rate was 8.1 percent, compared with 8.3 percent in July.

EUR/USD: during the Asian session the pair fell, retreating from Friday's high.

GBP/USD: during the Asian session the pair fell below $ 1.6000.

USD/JPY: during the Asian session, the pair traded in the range of Y78.15-25.

European data starts at 0630GMT with the France BoF business survey, followed at 0645GMT by France industrial output data. The final reading of Italian Q2 GDP data is due at 0800GMT. UK data sees the OECD Leading Indicator for September at 1000GMT. US data at 1900GMT sees July Consumer Credit and also August Treasury Allotments By Class data.