EUR/USD. January 13, 2020 – Dollar is under pressure from weak labor market data The euro is showing some growth at the beginning of the new trading week. The current quotation of the EUR/USD pair is 1.1115. The dollar was pressured last week by the publication of weak US labor market data for December. The number of new jobs outside the agricultural sector last month rose only 145 thousand against the forecast of expansion by 162 thousand. A similar indicator for November was fixed at around 256 thousand. The average hourly earnings, according to current statistics, increased in December by only 0.1% mom. A month earlier, the indicator rose 0.3% m/m, a similar increase was expected now. At the same time, the unemployment rate remained stable at 3.5%, as predicted. Thus, the dollar responded with a decline in this data. During the day, we do not expect sharp price spikes; the pair will continue to fluctuate slightly in the region above 1.11.