Continued its rally last week, gaining fractionally as U.S. President Trump has yet to deliver on his promised fiscal policy changes and with mixed economic numbers out from both economies. The rate began the week trading higher after making its weekly low of 1.1722 on Monday as German Retail Sales increased by +1.1% m/m compared to an expected +0.1% increase, also, EZ Core CPI Flash Estimate increased by +1.2% y/y versus +1.1% expected, its highest reading in four years, while the EZ Unemployment Rate dropped to 9.1%, its lowest since 2009. The pair then consolidated at a slightly lower level on Tuesday after U.S. ISM Manufacturing PMI printed at 56.3, in line with expectations. Also, U.S. Personal Spending and the Core PCE Price Index both increased by +0.1% m/m as was widely anticipated, also, EZ Preliminary Flash GDP increased by +0.6% q/q as widely expected, its seventeenth consecutive quarter of growth. The rate resumed its rally, making its weekly high of 1.1909 on Wednesday after U.S. ADP Non-Farm Employment Change showed the addition of +178K jobs in July versus an expectation of +187K. The pair extended its gains on Thursday after U.S. Initial Jobless Claims showed 240K in its latest week compared to an expected 242K, and U.S. ISM Non-Manufacturing PMI, which printed at 53.9 versus an expectation of 56.9. The pair then sold off sharply on Friday after U.S. Non-Farm Employment Change showed +209K jobs created in July compared to a consensus of +182K. Also, U.S. Average Hourly Earnings increased by +0.3% as widely anticipated and the U.S. Unemployment Rate came down to 4.3% from 4.4% as widely expected. EUR/USD closed at 1.1770, with an overall gain of +0.3% from its previous weekly close.