Asian session: The dollar rose

00:00 Japan Bank holiday

01:00 China Non-Manufacturing PMI April 55.6 54.5

01:30 Australia Producer price index, q / q Quarter I +0.2% +0.3% +0.3%

01:30 Australia Producer price index, y/y Quarter I +1.0% +1.6% +1.6%

The dollar snapped its biggest advance against the euro in two weeks before the U.S. releases April jobs data after the previous report disappointed with employers adding the fewest positions in nine months. Payrolls increased by 140,000 workers after an 88,000 gain in March, according to the median forecast of economists surveyed by Bloomberg News before a Labor Department report. The unemployment rate may have stayed at 7.6 percent, matching March's reading as the lowest since December 2008.

The euro yesterday dropped versus 15 of its 16 major peers after European Central Bank President Mario Draghi said policy makers may take the unprecedented step of charging banks to hold excess reserves. The ECB, meeting in Bratislava, Slovakia, cut its benchmark rate by a quarter-percentage point to 0.5 percent yesterday. It reduced its marginal lending rate, which banks use for overnight credit, to 1 percent, from 1.5 percent, and kept its deposit rate at zero.

Australia's dollar was set for its longest weekly losing streak versus the New Zealand currency in 12 years as traders raised bets the bigger nation's Reserve Bank will cut borrowing costs next week. The Australian dollar was poised to decline this week against 14 of its 16 most-traded peers as swaps traders see a 57 percent chance the nation's central bank will lower its benchmark rate from 3 percent on May 7, according to data compiled by Bloomberg. The RBA will cut rates by 59 basis points over 12 months, according to a Credit Suisse Group AG index.

Japanese markets are closed today and on May 6 for holidays.

EUR/USD: during the Asian session the pair traded in the range of $ 1.3060-75

GBP/USD: during the Asian session the pair traded in the range of $ 1.5520-40

USD/JPY: during the Asian session the pair around Y98.00