Investors Eye IMF Meeting
EUR/USD closed higher than opening on Friday after the International Monetary Fund said eurozone’s debt-plagued countries should be given extra time to narrow their budget deficits.
U.S. Unemployment Rate Declines to 7.8%
The EUR/USD rose for the week after the European Central Bank decided to maintain its benchmark rate at 0.
Investors’ Focus Shift to Central Banks
EUR/USD fell for the week and printed a bearish candle as implementation risks in terms of all the measures committed by European policymakers to deal with the eurozone crisis weighed on the euro.