Sold off last week after Reuters reported unnamed ECB officials were concerned over the strength in the Euro, while the Greenback was resilient despite continued threats from North Korea and the aftermath of Hurricane Harvey. The week began with the rate gaining a fraction on Monday despite the EZ M3 Money Supply, which increased by +4.5% y/y compared to a consensus of +4.8%. The pair increased another fraction on Tuesday after making its weekly high of 1.2069 after news that North Korea had fired a missile over Japan. U.S. President Trump warned that “Threatening and destabilizing actions only increase the North Korean regime's isolation in the region and among all nations of the world. All options are on the table.”. Economic data on Tuesday had U.S. CB Consumer Confidence print at 122.9 versus 120.9 expected. The rate then declined on Wednesday after German Preliminary CPI increased by +0.1% as widely anticipated. Also, U.S. Preliminary GDP increased by +3.0 q/q compared to an expectation of +2.7%, and ADP Non-Farm Employment Change, which increased to +237K versus +185K expected, with the previous release upwardly revised from +178K to +201K. On Thursday, the pair made its weekly low of 1.1822 after Reuters reported that some ECB officials were concerned over the appreciation of the Euro. The central bank has indicated it would begin tapering its EUR 60B asset purchase program; however, the market now anticipates the tapering could be delayed until their December meeting. Economic data included German Retail Sales, which declined by -1.2% m/m versus -0.5% anticipated. Also, EZ Flash Estimate increased by +1.5% y/y versus +1.4% expected. Thursday’s U.S. data had Initial Jobless Claims show +236K in its latest week, which was in line with expectations, while Pending Home Sales declined by -0.8% compared to an expected increase of +0.4%. Friday saw the rate decline despite U.S. Non-Farm Payroll, which showed +156K new jobs last month compared to an expected +180K, with the previous number downwardly revised from +209K to +189K and the Unemployment Rate increased to 4.4% from 4.3%. Also, Average Hourly Earnings increased by +0.1% versus +0.2% expected and ISM Manufacturing PMI, which printed at 58.8 compared to a consensus of 56.5. EUR/USD closed at 1.1859, with an overall loss of -0.5% from its previous weekly close.