In European trading, the euro increased against the US Dollar, trading above the 1.0800 mark.
The EUR/USD hit a fresh two week high in the Asian session but has fallen quite sharply since then as the greenback continued to firm in the European session. In Europe, Eurozone CPI Inflation data for October was 2% vs 1.9% expected. In Europe, there is no major data scheduled to be posted. In the United States, Nonfarm Payrolls and Unemployment Rate for October 108k exp and 4.1% respectively, will be released (12:30 GMT), Manufacturing PMI data for October (47.8 exp) will also be released (13:45 GMT).