Euro tilted lower during the Asian session to see its fifth daily decline from February 5 highs against the US dollar due to the lack of economical data from the eurozone, and upon an anticipated economic developments and data this Wednesday by the The US economy.
At 04:08 am GMT, EUR/USD dropped 0.11% to 1.1295, while opening at 1.1308 the session's highest, whith a low of 1.1290.
The markets are currently waiting for the US economy to release primary data for the labor market with its ADP Employment Reports, which may reflect the slow pace of job creation to 190 thousand combined to 213 thousand jobs added in January, before hours From unveling the monthly report Nonfarm payrolls and unemployment rates in addition to the average hourly income for the last month.