As the European Central Bank (ECB) kept its monetary policy loose and weekly US jobs data disappointed the market, the euro rose slightly against the dollar on Thursday.

On Wednesday, the European single currency sank during the session to its lowest since early April at 1.1752 dollars. Higher rates would make the currency more attractive to forex traders. Around 1:50 p.m. GMT (3:50 p.m. CET), the euro took 0.21% to 1.1819 dollars for one euro. But the dollar suffered on Thursday from the weekly unemployment claims figures in the United States, on the rise. Between July 11 and July 18, 419,000 new jobless claims were registered, according to data released by the Labor Department. ECB President Christine Lagarde warned on Thursday that the rapid rise in coronavirus cases fueled by the Delta variant of Covid-19 was "a growing source of uncertainty" for the eurozone economy. These uncertainties support the ECB in its decision to maintain its accommodating monetary policy. Forex traders are currently betting on a normalization of US monetary policy more quickly than in Europe, thanks in particular to the more robust health of the economy in the United States. All eyes will therefore be on the American Central Bank (Fed), which will meet next Tuesday and Wednesday.