The Euro (EUR) continues to struggle against the US Dollar (USD) as it trades at approximately 1.1638 on Friday. The currency pair has faced downward pressure for the seventh consecutive day, reflecting a broader trend of USD strength following the release of mixed US labour-market data. Traders are parsing through the figures, leading to uncertainty in the market.
The mixed labour report has contributed to a firm tone in the USD, causing EUR/USD to remain on the back foot. As the exchange rate fluctuates, market participants are closely watching for further developments that could influence the dynamics of this key currency pair in the coming days. The persistence of euro weakness underscores the challenges facing the Eurozone economy amid a more resilient US labour market.
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Data Source: FX Killer Analysis Team Updated: 2026-01-09 15:47
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.