The euro rose against the U.S. dollar on Friday trading, yet probably heading for a weekly decline, on expectations U.S. jobs report will show rise in non-farm payrolls, thereby enhancing risk taking.

The main highlight of the day will be the awaited non-farm payrolls report from the U.S. due at 13:30 GMT. The change in non-farm payrolls is predicted to retreat to 140,000 in January from 200,000 in December, while unemployment could linger at 8.5%.

However, the euro will probably record a weekly drop as Athens is struggling to reach a debt-swap deal, raising concerns the debt-mired nations may face default as early as in March when 14.5 billion euros of debt matures.

Josef Ackermann, chairman of a banking group in negotiations with Greece, said on Thursday a deal with private sector creditors may take place in the next few days, thus a deal may take place next week.

Today, leaders of AAA-rated nations Germany, Netherlands, Luxembourg, and Finland will meet in Berlin to tackle debt-related issues, while euro area finance ministers will meet on Monday where they are expected to discuss the second bailout package for Greece, and reforms in Greece in addition to the financial support provided by the euro zone's taxpayers and institutions.

Concerning the EUR/USD pair, it rebounded on the daily basis to trade around 1.3175, after recording a high of 1.3183 and a low of 1.3112.

The trading range for today is among key support at 1.2830 and key resistance at 1.3375.

The U.S. dollar index (USDIX), on the other hand, slipped against a basket of major currencies, where the dollar index fell to 78.80 compared with the day's opening level of 78.97.

The green currency is doing attempts to rebound against the yen after falling to 3-mtonh low, raising speculations the BoJ will intervene to halt the yen's appreciation.

The USD/JPY is currently trading around 76.20 after reaching a high of 76.25 and a low of 76.12, where the trading range for today is among key support at 75.20 and key resistance now at 77.30.

Moving to the GBP/USD pair, it is currently traded higher around 1.5840 after touching a high of 1.5859 and a low of 1.5783. Data from the U.K. gave support as services sector recorded wider than anticipated expansion of 56.0 in January from the prior expansion of 54.0, compared withanalysts' forecasts of 53.3.

The trading range for today is among key support at 1.5515 and key resistance at 1.6025.