FXstreet.com (Barcelona) - U.S. markets have opened the week with declines above 2.0% following Asian and European markets decline on the midst of economic concern. Dollar and Yen continue appreciating on risk aversion.

Dow Jones Industrials Index drops 0.87% while the Nasdaq Index declines 2.21%, and the S&P Index trades 2.16% below its opening levels in the first minutes of trading.

In the macroeconomic front, good U.S. data has failed to improve investors' sentiment. NY Fed manufacturing Index has risen to 12.77 points in August from -0.55 points in July; the highest level since November 0.7. Furthermore, U.S. Net Long Term Tic flows totalled $90.7 billion in June, after $-19.4 billion in may.

Euro and Pound return to test multi-week lows

EUR/USD decline from opening levels at 1.4200 had found support at 1.4050, and the pair rose to 1.4085 on good manufacturing figures, to ease to levels around 1.4060 at the moment of writing.

GBP/USD decline from 1.6500 opening price found support at 1.6275 and the Pound pulled back to levels above 1.6300, although the pair has turned back again to test 1..6275 low on the back of the negative stock markets.

USD/JPY remains consolidating in a range from 95.40 to 94.75, after its decline from Thursday's high at 96.50.