FXstreet.com (Córdoba) - The Euro extended its decline against the Dollar and fell below 1.4350 to 1.4333, reaching the lowest price in a week. EUR/USD lost on Friday previous gains, turning to losses on a weekly basis.
Right now there are two strong and competing forces for the euro: the soft December U.S. jobs report (a euro positive) and Greece (a euro negative), the Wells Fargo Research Team affirms. If the dollar's dip proves limited, it would be an encouraging longer term signal for the greenback.
Against the Pound, the Euro ended on Friday at the lowest price since September 14. EUR/GBP tumbled to levels below 0.8830 and completed four days in a row with losses, accumulating a decline of more than 150 pips.