India, July 29 -- The euro continued to trade lower against other major currencies in the pre-European session on Tuesday, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
While the U.S. Fed is widely expected to leave interest rates unchanged, the announcement could impact the outlook for rates.
The Federal Reserve is seen holding rates steady between 4.25 percent and 4.50 percent on Wednesday, with investors looking for hints on whether a September cut is likely. In the pre-European session today, the euro fell to a 6-...