In European trading, the euro fell against the US Dollar, trading below the 1.1100 mark.
In the European session the currency pair declined to a more than one week low as the dollar pushed higher against most of its peers following Fed Chair Powell’s comments yesterday which suggested that more sharper rate cuts are unlikely going forward. In the Eurozone, Year on Year Eurozone CPI Inflation data (10:00 GMT+1) for September came in on target at 1.8%. In the United States, September’s Global US Manufacturing PMI (47.0 expected), ISM Manufacturing PMI (47.6 expected) and JOLT Job Openings data (7.640M) for August will be released (15:00 GMT+1).