American focus: dollar strengthened

The euro fell against the dollar after the U.S. data released showed that the purchasing managers index and the index of consumer sentiment fell more than expected, increasing the demand for riskier assets.

The U.S. currency strengthened against all but two of the 16 most-traded currencies after the purchasing managers' index fell to Chicago for the first time in three years below 50, indicating contraction. The single currency fell significantly after yesterday's growth, which has been called the submitted plan budget of Spain in 2013.

Despite the decline, the euro rose slightly during the session on the background of published stress tests of banks in Spain, which were optimistic.

The dollar index, which tracks the dollar against the currencies of six trading partners, the U.S., added 0.4% to 79.868.

The Canadian dollar fell against its U.S. counterpart amid weak North American economic data. Canadian currency nears its weekly decline against most of its most traded currencies. Also today, it was reported that the yield on 10-year bonds fell to their lowest level in nearly two months. At the same time, Statistics Canada reported that in July, the economy grew by 0.2%, driven by an increase in the production of goods and services.