The single currency rebounded from its highest level in four weeks against the US dollar

The single currency of the European Union fell during the US session to see its third session fall since June 14 against the US dollar after the opening speech of the European Central Statistical Bank to Frankfurt. Economic growth, followed by the US economy, the world's largest economy.

At 15:12 GMT, the EURUSD lost 0.17% to 1.1724 vs 1.1744 after registering the lowest level at 1.1695, while the highest at 1.1758.

ECB member Villeroy said the rate could be raised early in the second half of next year, adding that the rate hike is heavily dependent on inflation expectations, adding that the program German Economy Minister Peter Altmeyer said Monday that his country's economy grew by 2% this year, expressing optimism despite slowing economic growth in a number of European countries earlier this year.

On the other hand, we followed the Producer Price Index (PPI), a preliminary index of inflationary pressures, which showed growth slowing to 0.3% vs. 0.5% in May, exceeding expectations by 0.2% The basic reading of the index itself stabilized the pace of growth to 0.3%, also exceeding expectations by 0.2%, before the final reading from the wholesale inventory index, which accelerated to 0.6% in April.

Otherwise, investors are now eyeing Federal Reserve Chairman Rafael Postk and Federal Reserve Bank Chairman John Williams during the Federal Open Market Committee debate. 17:30 GMT at the Virginia Society of Certified Public Accountants before the Williams Conference at 9:30 pm GMT in Brooklyn on the local economy at the City Hall.