Euro glides off one-week high as dollar climbs

Euro fell on Friday away from a one-week high, as the dollar gained ground against main currencies following the U.S. payrolls report, which forced the common currency down.
 
EUR/USD last traded at 1.0574, down from the opening of 1.0603, with an intraday high at 1.0622, and a low at 1.0535.
 
Euro's fall today comes on profit-taking after hitting a one-week high, specially as the dollar rebounds from a three-week trough against main rivals.
 
Earlier U.S. data showed the economy has created less jobs than expected in December, while the unemployment rate ticked up, but the dollar managed to rise nonetheless, as the labor sector tightens in general.
 
On the other hand, the euro is still suffering negative pressure on prospects of three more U.S. hikes this year, which would widen the policy gap between the Federal Reserve and the European Central Bank.