European session: the major currency pairs traded in the range

Data:

07:00 Switzerland Foreign Currency Reserves September 418.4 429.3

07:30 Japan BOJ Press Conference -

08:00 Switzerland KOF Institute Economic Forecast IV quarter

09:00 Eurozone GDP (QoQ) (finally) Quarter II -0.2% -0.2% -0.2%

09:00 Eurozone GDP (YoY) (finally) Quarter II -0.5% -0.4%

10:00 Germany Factory Orders s.a. (MoM) August +0.5% -0.4% -1.3%

10:00 Germany Factory Orders n.s.a. (YoY) August -4.5% -4.3% -4.8%

The euro held in a narrow range against the dollar in the standby power of statistics on the labor market in the U.S.. The market expects that the number of jobs outside agriculture in the U.S. in September rose by 111,000. The lower rate will revive fears that the economic slowdown world's largest economy is more stable than expected by some.

The euro has remained stable after the regional statistics. German Factory Orders for August fell short of expectations: the indicator fell by 4.8% y / y after July's decline of 4.6% and -4.3% forecast. In monthly terms orders fell by 1.3% vs. -0.5%.

In the 2nd quarter of eurozone GDP fell by 0.2% after falling 0.3% in the previous quarter. This result coincided with analysts' forecasts. Spanish industrial output came out better than expected, although it remained in negative territory (-3.2% vs. prev. -5.4% And -5.5% of the forecast).

The yen earlier rose against major currencies after the Bank of Japan decided not to change the course of monetary policy. The Bank of Japan on Friday left its benchmark interest rate in the range of 0-0.1%. The total amount of incentive programs Bank of Japan kept at 80 trillion yen (just over $ 1 trillion), including a program of emergency loans to banks - 25 trillion yen asset repurchase program, expanded in the past month - 55 trillion yen. CB solutions line with expectations of economists.