The European currency pulled back from an early high against the U.S. dollar in early European deals on Friday.
The euro is trading at 1.3208 against the greenback, down 0.37 percent from an early high of 1.3257. If the euro extends decline, it is likely to breach 1.32 level. The pair closed yesterday's deals at 1.3238.
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Forex News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.