EUR/USD failed to build on Wednesday recovery gains and dropped to a fresh multi-week low of 1.0777 on Thursday.
EUR/USD stabilizes near 1.0800 after recovering from multi-week lows. Safe-haven flows dominate the action in financial markets on Friday. Nonfarm Payrolls in the US are forecast to rise 175,000 in July. Early Friday, the pair holds slightly above 1.0800 as investors await July jobs report from the US. Euro PRICE This week The table below shows the percentage change of Euro against listed major currencies this week. Euro was the weakest against the Japanese Yen.
Euro FAQs What is the Euro? The Euro is the currency for the 20 European Union countries that belong to the Eurozone. It is the second most heavily traded currency in the world behind the US Dollar. In 2022, it accounted for 31% of all foreign exchange transactions, with an average daily turnover of over $2.2 trillion a day. EUR/USD is the most heavily traded currency pair in the world, accounting for an estimated 30% off all transactions, followed by EUR/JPY , EUR/GBP and EUR/AUD .
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