The euro slipped below $1.17 on Tuesday, though it remained close to its strongest level since late July, as traders awaited a busy week of economic data that could shape monetary policy decisions from both the European Central Bank and the Federal Reserve. In the euro area, flash inflation data for August is expected to show price growth holding at the central bank’s 2% target for a third consecutive month—reinforcing expectations that the ECB will keep rates steady at next week’s meeting. Across the Atlantic, upcoming US labor market figures are in focus as investors gauge the likely scale of a Federal Reserve rate cut later this month. Meanwhile, political uncertainty in France continued to weigh on sentiment, with markets bracing for a confidence vote set for September 8.