Euro is further weak, EUR/USD under 1.3200 / AUD gains
The European currency has lost against most of its counterparts. The AUD has benefited from good Australian and Chinese data.
Furthermore skepticism about the euro area
Despite good economic data from the euro zone, the euro furthermore can not convince investors. The data released today to the manufacturing PMI of various euro countries and the entire euro area confirmed for the most part, the Pre-release from 22.08., and was for the entire euro zone as much as 0.1 point above. The PMI for Germany but remained 0.2 points behind the advance publication. Thus, the biggest economy of the euro area caused further uncertainty among investors.
During the day, the euro fell against most of its major counterparts and the pair EUR/USD fell below the mark of 1,3200. Currently the pair shows a loss of 0.19% at 1.3194. Against the GBP to EUR is currently down 0.42% at 0.8490, after UK manufacturing PMI today was by 2.2 points over the previous month.
Strong gains the EUR shows to the JPY. After the acute risk of conflict in Syria seems temporarily banned, and the risk aversion of investors go back again, from which the Japanese currency had benefited in the past week. Currently the pair EUR/JPY gains 1.04% at an exchange rate of 1.3107. Also against all other Counteparts the JPY has suffered sharp losses. The USD/JPY shows a gain of 1.26% and a rate of 99.34, the highest level in two weeks.
AUD benefited from regional data
For the Australian currency good economic data from the region had a positive effect. Building permits in Australia showed an increase of 10.8%, after they had declined in the previous month to -6.3%. Positive influence also had the good economic data out of China, where the ISM purchasing managers' index rose by 50.3 points to 51.0, by an expected 50.6 points.
The AUD was up against all its counterparts. He currently valued at the USD by 0.97% at 0.8989. Against the EUR, the increase is 1.11% currently at 1.4680. The largest growth was also recorded for the AUD to the JPY which is currently 2.23% with a rate of 89.31.
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