Euro Slips as ECB Policymaker Takes Cautious Tone

Euro Slips as ECB Policymaker Takes Cautious Tone
U.S. Dollar and Euro banknotes are seen in this illustration taken on July 17, 2022. Dado Ruvic/Reuters
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LONDON—The euro edged back on Thursday after comments from German policymaker Isabel Schnabel failed to give firm clues on whether the European Central Bank will raise rates in September, ahead of eurozone inflation data later in the day.

The single currency was last at $1.0888, down 0.3 percent on the day, but still up almost 1 percent this week.