The US dollar fell as the European session started from a weekly high as traders took profits after a strong rally this week, boosted by the Fed's optimistic minutes in a sign of further interest rate hikes, and all federal policymakers are backing up borrowing costs despite criticism from the president Donald Trump.
The Euro also fell below the 1.15 level against the US Dollar as markets awaited the results of the EU summit. The British pound rose to a daily high of 1.3130 after British Prime Minister Theresa May expressed her country's readiness to discuss the extension of the transitional period after Brexit to fall back to the 1.3080 levels.
The Australian dollar also rose at the start of trading today after Australia's unemployment rate fell to its lowest level in six years and hit its highest level against the US dollar throughout the day at 0.7150.
