Up 0.45% to 1.2018 dollar around 3:00 p.m. GMT (4:00 p.m. in Paris), the single European currency remains close to its lowest in two months reached at 03:00 GMT, at 1.1952 dollar. The euro rises against the dollar after the publication of the US unemployment rate.

The publication of the US unemployment rate, which fell in January to 6.3%, prompted traders to abandon the greenback. These positive data from the United States are sometimes difficult to digest for the foreign exchange market.
“The euro rose back above $1.20 as the market reacted reflexively, but the theme of the health of the US economy is back in fashion,” commented Stephen Innes, analyst at Axi.
Currency traders believe that the progress of the vaccination campaign in the United Kingdom will benefit the British economy and that a rate cut will not be necessary in six months. Esther Reichelt, analyst at Commerzbank said that "the signal was well received, market participants lowered their expectations of a rate cut and the British currency rose".