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fxJun 5, 2026, 2:22 PM

Euro Slips to Two-Month Low After Strong US Jobs Data

EUR/USD fell to a two-month low near 1.1559 as the US Dollar rallied following a stronger-than-expected Nonfarm Payrolls report.

EURUSD

The euro weakened against the US dollar on Friday, dropping to its lowest level in two months. The decline came after the release of US employment data that exceeded expectations, boosting demand for the greenback.

EUR/USD traded around 1.1559 at the time of writing. The market's reaction reflects a shift in sentiment favoring the dollar, as stronger labor data may influence the Federal Reserve's policy outlook.

Source: FXStreet Forex News