The Euro appears to be continuing the losses it has been experiencing since the Greek debt crisis began a few months back. Given the decision to put forth a financial bailout for struggling economies in the region, many would expect the EUR to be in a corrective posture, yet this does not seem to be the case.
Against the US Dollar, the 16-nation single currency has remained at all-time lows and currently trades near 1.2175. The EUR/GBP has been devastated by a sustained drop which currently puts the price just over 0.8300. Versus the Yen the EUR appears to be doing well, matched only because of Japan's recent political crisis. The EUR/JPY, as a result, is currently trading for 112.75, up slightly from the 112.05 seen earlier today.
Most of today's market expectations lie not within the Euro-Zone, but rather in North America. Canada and the United States will both be publishing their employment figures. The US Non-Farm Employment Change report will be released, alongside the American official unemployment rate, at 12:30 GMT. This will come after Canada releases similar figures, however. The US is expected to publish figures which are substantially higher than last month's. Should this be the case, we may see the USD continue to gain steadily against its primary rivals, particularly the EUR.