Euro on track for second weekly loss against dollar

Euro tilted higher in American trade against the dollar while still heading for another weekly decline, following an array of data from the euro zone and the US, the world's largest economy. 

As of 05:12 GMT, EUR/USD rose 0.17% to 1.1731 from the opening of 1.1711, with an intraday high at 1.1739, and a low at 1.1670. 

Earlier German data showed factory orders jumped 3.6% in September, compared to August's 0.4% drop, and besting expectations of a 0.7% advance, while from France, the trade balance deficit fell more than expected to 4.5 billion euros in August. 

Moving to the inflamed situation in Spain's Catalonia, which voted for independence in a referendum last Sunday, with Prime Minister Mariano Rajoy calling on Catalonia leader Carlos Puigdemont to rescind his support for one-sided independence, adding that the best solution for the regional crisis is to get back to the legitimacy of the state. 

Catalonian Parliament president said that the Spanish Constitutional Court's decree on barring the regional parliament from holding its session on Monday to declare independence is harmful to the freedom if expression, adding that the Parliament hasn't taken a decision yet whether to hold a session on Monday or not. 

Span's king Felipe VI expressed his refusal to secessionist movements in Catalonia, while describing the behavior of the region's leaders as threatening to social peace, and asserting his commitment to follow the Spanish constitution and the unity of the country. 

Otherwise, earlier US labor data showed the unemployment rate fell to 4.2%, the lowest since March 2001 and down from August's 4.4%, while average hourly earnings accelerated to 0.5% from 0.2%, revised from 0.1% in August and besting expectations of 0.3%. 

The number of non-farm payrolls in the economy fell 33 thousand for the first time since November 2010, compared to the addition of 169K new jobs in August, revised higher from 156K, while analysts expected 82K new jobs. 

Markets await Federal Reserve Bank of New York President William Dudley's speech titled "The Monetary Policy Outlook and the Importance of Higher Education for Economic Mobility" at the Council for Economic Education, in New York, while Federal Reserve Bank of Dallas President Robert Kaplan will participate in a panel discussion at the Investing in America's Workforce Conference hosted by the Federal Reserve System, in Austin.