07:28 Germany PMI (September) flash 50.0
07:28 Germany PMI services (September) flash 50.3
07:58 EU(17) PMI (September) flash 48.4
07:58 EU(17) PMI services (September) flash 49.1
09:00 EU(17) Industrial orders (July) -2.1%
09:00 EU(17) Industrial orders (July) Y/Y 8.4%
10:00 UK CBI industrial order books balance (September) -9%
10:00 UK CBI industrial output balance (September) +9%
The dollar and yen jumped on concern global growth is stalling after the Federal Reserve said yesterday it saw “significant downside risks” to the U.S. economy, spurring demand for safer assets.
The Dollar Index climbed to a seven-month high as the Fed’s statement stoked concern the global economy is headed for a recession.
The euro fell to the weakest level since January versus the dollar and reached a fresh decade-low against the yen after euro-area services and manufacturing contracted this month, adding to concern the region’s debt crisis is deepening.
Australia’s dollar slid below parity with the greenback for the first time in six weeks and New Zealand’s currency slumped.
EUR/USD: the pair decreased in $ 1.3450 area.
GBP/USD: the pair showed low in $ 1.5400 area. USD/JPY: the pair showed low Y76.10 area then receded.