European session: The dollar declined
08:55 Germany Unemployment (December) seasonally adjusted -22K
08:55 Germany Unemployment rate (December) seasonally adjusted 6.8%
09:30 UK CIPS manufacturing index (December) 49.6
The dollar declined as signs that manufacturing is expanding in the U.S. and China damped the appeal of safer assets.
The greenback weakened before a U.S. report that economists said will show manufacturing grew at the fastest pace in six months, after data showed gains in gauges for China.
The euro climbed after German unemployment fell more than forecast.
EUR/USD: the pair has shown high in $1,3060 area then returned to $1,3020 area.
GBP/USD: the pair has grown in $1,5600 area.
USD/JPY: the pair was limited Y76,70-Y77,00.
At 1500GMT, US construction spending is expected to rise 0.5% in November after rising 0.8% in the previous month. Housing starts jumped 9.3% in the month, so residential construction would be expected to post another increase. The ISM manufacturing index is expected to rise to a reading of 53.5 in December after rebounding in November. The regional data already released suggest modest but continued expansion. Later on, at 1900GMT, the latest FOMC meeting minutes are due.