The euro slipped to $1.168 ahead of a key meeting between Trump, Zelenskiy, and EU leaders on a potential Russia-Ukraine peace deal. Trump said he would press Zelenskiy for a quick settlement after talks with Putin, who signaled openness to US-European security guarantees for Ukraine. Meanwhile, focus in the US turns to Fed Chair Jerome Powell’s remarks at Jackson Hole and the release of Fed minutes, with markets betting on a September rate cut. In Europe, the ECB ended its easing cycle in July after eight cuts since 2022, though some still expect further action this year. Investors also eye flash PMIs for signs of momentum after Euro Area GDP grew just 0.1% in Q2 and inflation held steady at 2%. Trade tensions persist as the US imposes 15% tariffs on most EU exports.