The euro fell against its major counterparts in the European session on Thursday, as the region's inflation held steady in August and German policymaker Isabel Schnabel remarked that it is impossible to predict a peak rate or the duration of the tightening phase as the central bank has adopted a data-dependent approach for each policy rate-setting session.
The U.S. dollar moved up against its major counterparts in the New York session on Thursday, as the Federal Reserve's preferred gauge of inflation accelerated in July and initial jobless claims fell unexpectedly last week, supporting expectations that the central bank will keep interest rates on hold at its policy meeting next month.
The euro was higher against its major counterparts in the European session on Monday amid risk appetite, as China announced new measures to revive its capital markets and boost investor confidence.
The U.S. dollar dropped against its most major counterparts in the European session on Monday, as market participants awaited the Jackson Hole Symposium due later this week for more clues about the economy and rate outlook.
The U.S. dollar climbed against its major counterparts in the European session on Monday, ahead of key inflation readings from China and the United States due this week.