In European trading, the euro fell against the US Dollar, trading below the 1.1600 mark.
The EUR/USD retreated in the European Session, as the dollar egged slightly higher ahead of the uncertain interest rate decision by the US FED and as higher geopolitical tension increased safe haven demand for the US dollar. In the Eurozone, German Ifo Business Climate Index data for November came out lower than expected (88.1 realised vs 88.6% expected). In the US, the Dallas Fed Manufacturing Business Index for November (-5.0 last month) will be released (15:30 GMT).*
*The government shutdown has now concluded, but most US Government data will still be delayed. Non government US data will be released as normal.
