EUR/USD Retreats As US Dollar Grips Gains Ahead Of US Manufacturing PMI
September 03, 2024 at 05:10 AM EDT
EUR/USD drops to near 1.1050 as the USD performs strongly ahead of the ISM US Manufacturing PMI release for August. The Fed and the ECB are expected to cut interest rates this month. This week, investors will focus on the US NFP data for August.