The US dollar has weakened slightly against its main competitors - the dollar index basket (USDX) finished the trading day at around 85.68. The EUR/USD remained under pressure amid the negative German industrial production release. In August, the index fell to a record 4% which indicates the possible European largest economy recession.
The Great Britain also issued the industrial production release for August. The data came out worse than the forecasted medians, but were not as bad as the German ones. At first traders rushed to sell the pound sterling against the negative macroeconomic release, but then the bullish market sentiment was observed.
The pair USD/JPY has finished in the "red zone" for the second day in a row. According to the Bank of Japan meeting release there appeared the negative economic impact after the sales tax introduction. Also the monetary regulator pointed out to the industrial production weakness. Despite the negative comments the Japanese yen was able to strengthen its position against the American dollar. The main dollar/yen sale reason appeared to be the American stock markets that fell from 1 to 1.5%.