The euro is trading at the lowest level recorded yesterday

The euro traded, little changed during the Asian session on Friday against the dollar, in light of the high levels of the US dollar and its negative impact on the European currency movements, while markets await today the release of the government jobs report for the US economy.

The euro against the dollar is currently trading at 1.1404 level, after recording the highest at 1.1407 and the lowest at 1.1392 this comes after the euro fell yesterday to its lowest level at 1.1385. It is worth mentioning that the euro has risen to its highest level in eight months this week at 1.1615.

The stability of the euro trades today comes in light of tension in the markets to accept the report of the US jobs data today, which drives investors to avoid taking new financial positions before the release of the economic data today.

This and the Dollar continued to maintain the gains recorded since the beginning of the week against major currencies despite the negative data released by the United States of America.

The dollar index, which tracks the performance of the dollar against a basket of major currencies traded weakly during the Asian session on Friday, as it recorded the lowest level at 93.71 and the highest level at 93.83, while today's session was opened at the level of 93.77 to currently trade at 93.74 level.