European session: the dollar rose sharply

Data
02:30 China HSBC Manufacturing PMI (preliminary) September 47.6 47.8
04:30 Japan All Industry Activity Index, m/m July +0.2% -0.5% -0.6%
05:00 Japan BoJ monthly economic report September
05:00 Japan BOJ Governor Shirakawa Speaks -
06:00 Switzerland Trade Balance August 2.92 1.17
06:00 Germany Producer Price Index (MoM) August 0.0% +0.4% +0.5%
06:00 Germany Producer Price Index (YoY) August +0.9% +1.5% +1.6%
07:00 France Manufacturing PMI (preliminary) September 46.0 46.5 42.6
07:00 France Services PMI (preliminary) September 49.2 49.5 46.1
07:30 Germany Manufacturing PMI (preliminary) September 44.7 45.4 47.3
07:30 Germany Services PMI (preliminary) September 48.3 48.6 50.6
08:00 Eurozone Manufacturing PMI (preliminary) September 45.1 45.4 46.0
08:00 Eurozone Services PMI (preliminary) September 47.2 47.4 46.0
08:30 United Kingdom Retail Sales (MoM) August +0.3% -0.4% -0.2%
08:30 United Kingdom Retail Sales (YoY) August +2.8% +2.9% +2.7%
10:00 United Kingdom CBI industrial order books balance September -21 -14 -8

The euro fell against the dollar due to the fact that the index of business activity in the euro area services sector fell to a three-year low. The composite index of purchasing managers in the services and manufacturing sectors in the euro area fell to 45.9 in September, registering the lowest since June 2009
The single currency has continued its two-day decline against the yen, as data added to evidence that the debt crisis in the euro area undermines growth.
The yen and dollar strengthened against most major currencies after a report showed that the level of production in China continued to decline along with the decrease in the volume of Japanese exports, stimulating the demand for safe assets.
Euro weakened against all but three of its 16 major counterparts, despite the fact that Spain's borrowing costs fell after the auction.
The dollar index (DXY) rose for the third time in four days after data from China and Japan, which showed that the Asian economy is slowing. The index added 0.6% and reached 79.55.
The Australian dollar fell as Chinese data clouded the prospects of export growth for the South Pacific Ocean.
The Swiss franc fell against the dollar amid the release of the trade balance, which recorded a decline in August to the level of 1.17 billion Swiss francs.

EUR/USD: during the European session, the pair quickly dropped, setting all-time low of $ 1.2925, and then increased slightly and is now trading at $ 1.2950
GBP/USD: the pair decreased to $ 1.6160, but then rose to the floor pieces, and is now at a value of $ 1.6190
USD/JPY: pair fell sharply, by setting a minimum level of Y78.03, followed by a correction, in which the rate rose to Y78.20

At 12:30 GMT the United States, there are data on the number of initial claims for unemployment insurance, the number of repeat applications for unemployment benefits and an index of business activity in the manufacturing sector in September. At 14:00 GMT Eurozone release Eurozone consumer confidence indicator for September. At the same time, the U.S. will release the manufacturing index, the Philadelphia Fed in September. At 16:00 GMT the euro area will be speech by ECB President Mario Draghi.