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- European session:
European session:
The euro fell against the dollar as concern European nation’s ability to fund debt damped demand for the shared currency.
The euro fell as yields on Spanish 10-year benchmark bonds and French five-year debt rose at auctions.
The pound rose against the euro amid speculation the Bank of England will pause its stimulus program next month.
EUR/USD: the pair showed high in $1,3170 area then decreased below $1,3100.
GBP/USD: the pair tested resistance in $1.6060 area then receded in $1,6020 area.
USD/JPY: the pair grown in Y81,50 area.
There is a raft of US data due at 1400GMT, including NAR existing home sales, the latest leading indicators and also the Philadelphia Fed Survey. Late US data then sees the 2030GMT release of M2 money supply data.
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