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The data released Monday confirmed Weber's view Cheap Kyle Turris Jersey , the euro zone Markit 8 Purchasing Managers Index (PMI) fell to the initial value of 56.1, lower than the expected 56.4 and the final value of 56.7 in July, the euro zone data to further increase the negative sentiment. Declines continued to pressure the euro Monday, the euro zone economic data gave investors reason to maintain the economic situation in the region concerned, in addition, before the end of the European Central Bank to maintain a relaxed monetary policy is also bad continuity.

Declines continued to pressure the euro Monday Cheap Dan Hamhuis Jersey , the euro zone economic data gave investors reason to maintain the economic situation in the region concerned, in addition, before the end of the European Central Bank to maintain a relaxed monetary policy is also bad continuity.

EURUSD hit 1.2624 low, the highest since July 13 low; low against the Japanese yen see an eight-week low of 107.40; also touched 0.8140 against the pound eight-week low.

Last Friday the European Central Bank (ECB) management committee members of the Weber (Axel Weber) that extend to the banks unlimited liquidity measures to the end of the year after, making the market worried about further weakness in the euro zone economy, it led the euro last week or currency risk.

Continued weak economic data

The data released Monday confirmed Weber's view Cheap Ryan Johansen Jersey , the euro zone Markit 8 Purchasing Managers Index (PMI) fell to the initial value of 56.1, lower than the expected 56.4 and the final value of 56.7 in July, the euro zone data to further increase the negative sentiment.

Director of currency research at GFT, said Boris Schlossberg, August slowdown in expansion of economic activity weakened the euro bulls to the euro zone's economic performance was stronger than the views of the United States and the euro's gains were limited at present.

Schlossberg said the euro outside the euro area continue to worry about physical and economic pressure, the core countries and the euro zone was slightly lower than expected today Cheap P.K Subban Jersey , the data does not help to ease those concerns.

Moody's downgrade warning recurrence

In addition, rating agency Moody's said days, if the euro zone economy in deficit reduction under the influence of slow economic recovery confirmed that most of the national sovereign ratings will suffer from reduced risk. This makes the future trend of the euro is not optimistic.

Although the EU data released later showed that euro zone economic outlook as fears of gradually easing, the euro zone consumer confidence in August was significantly increased, but the data for the mitigation of the euro weak little effect.

The report showed the euro zone in August consumer sentiment index rose from July's -14.0 -11.7. Data was better than economists had expected a modest rise to -13.

This week will once again usher in the next few days, a number of aspects of the U.S. economy Shu Ju Cheap Pekka Rinne Jersey , Qizhongbaokuo second-quarter U.S. gross domestic product Xiu Zheng Zhi, durable goods orders, new home sales into the house Ji, Dang Zhou Shen Qing Yi Ji Michigan Xiao Feizhe the number of unemployment payment confidence data, the market will look for more data to further track the U.S. economic recovery, the Fed is expected to restart the quantitative easing policy will remain market focus.

Analysts said that Friday's U.S. GDP growth revised the second quarter before the announcement Cheap Filip Forsberg Jersey , investor appetite for risk is difficult to rebound sharply.

On the technical side, the euro dollar fell below 55 day moving average level, has come to a key position: early 1.1877-1.3333 upward move of 50% Fibonacci retracement level, and June 29 to August 6 l Potential 61.8% Fibonacci retracement of the fall there, or to further decline to 1.2450 euro line.

However, if the euro Shouwen that level Wholesale Nashville Predators Jerseys , then fall 3% this month, is expected to end, and vaginal discharge in orbit around another rebound Brin, targeting initial resistance 1.2900 intensive area in the rail line and the 1.30 mark near Bryn.>Why Choose Clay Pigeon Shooting South Yorkshire
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