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The single currency of the European Union fluctuated in a slightly bullish range during the Asian session to see its rebound for the third consecutive session since July 2 against the US dollar in the midst of tight economic data Tuesday by Eurozone economies and Economic developments and data expected by the US economy are the largest economy in the world.
At 04:59 GMT, the EURUSD rose 0.06% to 1.1718, compared with the opening at 1.1711, after reaching the highest level at 1.1721, while the lowest at 1.1702.
Markets are looking for the US economy, the largest industrial country in the world, to release the industrial production index for June, which could reflect a 0.5% rise in 0 , 1% in May, Energy for the same month, which can show a rapid growth rate to 78.4% from 77.9% in the previous reading for May.
Otherwise, attention is drawn to what the Federal Reserve Governor Jerome Powell's six-month policy on monetary policy will give to the Senate Committee on Banking, Housing and Urban Affairs at 3:00 pm GMT Notes of Powell on the future of monetary policy and the pace of tightening monetary policy over the coming period.
Federal Reserve Governor Paul is expected to present the second half of his semiannual testimony to the House Financial Services Committee on Wednesday after his brief account of the discussions on monetary policy and economic developments. The past of Congress and the market price of federal interest rates four times this year
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