The euro remained near 2-month lows against the U.S. dollar on Thursday in Asia ahead of the European Central Bank’s (ECB) policy meeting due later in the day.
The EUR/USD pair was little changed at 1.1136 by 1:04 AM ET (05:04 GMT).
Some traders expect dovish guidance from the central bank, which paves the way for easing in September.
The euro is now down about 2% in July on speculation of an ECB easing amid continuing concerns surrounding the Sino-U.S. trade war.
Meanwhile, data that showed Germany’s manufacturing sector contracted at the quickest pace in seven years and French’s business growth has unexpectedly slowed also sent the euro lower.
Meanwhile, the GBP/USD pair slipped but was off session lows. Boris Johnson on Tuesday won the contest to be the next British prime minister and raised concerns of a no-deal Brexit. The USD/JPY pair slipped 0.1% to 108.08.
Source : Investing.com