The Euro remains steady against the Dollar as traders await US Nonfarm Payrolls data following mixed economic signals from Germany.
The Euro traded flat at 1.1520 USD on Friday, retreating slightly from a three-week high of 1.1560. The currency showed little reaction to mixed German economic data released earlier in the session.
Prior to the US jobs report, the Euro was on track for a modest weekly gain. Market consensus expects Nonfarm Payrolls to provide clarity on Federal Reserve policy, which has weighed on the Dollar in recent weeks.
Traders remain cautious as the focus shifts to US labor market data, which could influence Fed rate cut expectations for the remainder of the year.