Euro fluctuated lower in a narrow range against the US dollar during the Asian session amid a lack of economic data at the start of the week by the Eurozone and the US economies.
As of 04:56 GMT, EUR/USD fell 0.09% to 1.1229, compared to the opening at 1.1238, after reaching the lowest level at 1.1228, and the highest at 1.1242, while the pair ended the last week at 1.1233 before opening this week on a bullish price gap.
Investors are currently looking forward to the FOMC member, Richard Clarida, opening remarks at an event hosted by the Federal Reserve Bank of Boston, Otherwise, we followed last Friday, US Commerce Secretary Wilbur Ross said that the US administration's tariffs decision on European cars will be announced on May 18.