The Euro was lower against the U.S. Dollar on Friday after the release of euro zone data on Unemployment Rate.
EUR/USD was trading at 1.3859, down 0.51% at time of writing.
The pair was likely to find support at 1.3734, Wednesday’s low, and resistance at 1.4080, Monday’s high.
Earlier in the day, official data showed that The unemployment rate in the euro zone rose unexpectedly to a seasonally adjusted 10.10% last month from 10.00% in the preceding month whose figure was revised down from 10.10%.
Analysts had expected the unemployment rate to remain unchanged at 10.10% last month.
Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.56% to hit 0.8687 and EUR/JPY falling 0.86% to hit 111.89.
EUR/USD was trading at 1.3859, down 0.51% at time of writing.
The pair was likely to find support at 1.3734, Wednesday’s low, and resistance at 1.4080, Monday’s high.
Earlier in the day, official data showed that The unemployment rate in the euro zone rose unexpectedly to a seasonally adjusted 10.10% last month from 10.00% in the preceding month whose figure was revised down from 10.10%.
Analysts had expected the unemployment rate to remain unchanged at 10.10% last month.
Meanwhile, the Euro was down against the British Pound and the Japanese Yen, with EUR/GBP shedding 0.56% to hit 0.8687 and EUR/JPY falling 0.86% to hit 111.89.