EUR/USD hangs near two-week low, below mid-1.0800s ahead of Eurozone PMIs
July 24, 2024 at 06:06 AM EDT
EUR/USD drifts lower for the second straight day and drops to a nearly 2-week low. The ECB’s dovish outlook continues to undermine the EUR and exerts some pressure. September Fed rate cut bets cap the USD and should lend support ahead of flash PMIs.
