Euro falls off early October highs for third straight session

Euro fell in American trade to October 9 lows against the greenback, following earlier labor data from the US and amid a lack thereof from the euro zone. 

As of 04:18 GMT, EUR/USD fell 0.12% to 1.1487, with an intraday high at 1.1527, and a week low at 1.1480. 

European Council President Donald Tusk opened the door for a special summit as Brexit negotiations near a decisive phase with hopes of reaching some positive results. 

Tusk also opened the door for extending the transition period to allow for further negotiations. 

Otherwise, earlier US data showed the Philly Manufacturing Index down to 22.2 from 22.9, while unemployment claims fell 5 thousand in the week ending October 13 to 210 thousand, edging estimates of 211 thousand. 

Continuing claims fell 13 thousand to 1.640 million in the week ending October 6, as analysts expected 1.663 million. 

The Federal Reserve recently released the minutes of its September 25-26 meeting, at which the Federal Open Market Committee voted to increase interest rates by 25 basis points for the third time this year to just below 2.25% as expected, while carrying on plans to normalize the balance sheet. 

US President Donald Trump accused the Federal Reserve of causing a sharp correction in markets with its interest rate policy, considering it too strict and a "mistake".