In a drowsy market, the euro remained stable on Monday against the dollar. Currency traders also digested US employment data released on Friday.

In a market that was not very volatile at the start of the week, while American investors stayed away from their consoles due to a public holiday, the euro lost some 0.02% to 1.1863 dollars per euro around 3:05 p.m. GMT. The announcement of the creation of 850,000 jobs in June in the United States initially caused a plunge in the euro to its lowest since early April, at 1.1808 dollars. But the single European currency quickly recovered and ended up against the greenback.

Currency traders are waiting for significant signs of recovery in the US economy to bet on an increase by the US Central Bank (Fed) in its key rates, which would make the dollar more attractive. The dollar rose in June on a slight change in tone from the Fed, which moved its rate hike predictions closer to 2023.