The U. S. dollar traded low against the Euro on Friday. This has made the pressure on the currency more intense after the U. S. job data showed negative signs at the wake of U. S. economic revival.

For the month of June, the private pay rolls inclined less than what was expected also the average employment decreased due to end of temporary census jobs.

On the other hand, the Euro rose sharply against the Dollar this week. This inclination resulted as the investors started focusing on the U. S economic revival doing away with the concerns of economic troubles in the Euro zone.

According to the Vice President of trading at Tempus Consulting in Washington, Greg Salvaggio, the jobs report demonstrates that the U. S. upturn is “losing steam".

In the New York trading, the Euro was at $1.2545, with a 0.2% increase. The rise was $1.2613 for single currency, confirmed Reuters. Also, on Thursday trading the Euro elevated more than 2%, with the biggest incline since March last year.

The Euro raised 1.4% as compared to Dollar covering the loss it suffered last week.

Kathy Lien, Director of Currency Research at GFT in New York said that the US fundamentals will be “catching up with the dollar". Lien also said the traders have hit the Euro due to the European economic crisis and that now they are looking towards the U. S. dollar.