The single currency was in the grip of bears

Today's European session is characterized by a weakening of the euro against most currencies. According to one of the dealers, investors are actively selling the single currency after the publication of a report on the eurozone purchasing managers' index in the manufacturing industry. Weak performance of the report caused a drop in shares as well as new market players worried about the prospects for economic recovery of the euro area. EUR / USD corrected from the high reached on Monday, at $ 1.4550, and testing the support, located in the $ 1.4330/50, down to a minimum of $ 1.4260 session. Euro / franc fell from the day's peak figure of the sixteenth to Chf1.1380. Against the Japanese yen single currency has established a two-week minimum near the mark Y109.75. In August, the index of purchasing managers in manufacturing in the eurozone fell to 49.0 compared with 50.4 in the July value. The index fell below 50 for the first time since September 2009. To date, a single currency managed to cut some losses. Euro / Dollar is traded on Chf1.1425, euro / yen is kept at Y109.95. Current euro / dollar $ 1.4272.