Euro Rises 0.17% to 1.1239, Ending Five-Week Losing Streak

A single weekly gain does little to reverse a five-week slide, and the move is modest enough that it reads more as a pause than a turn. The relevant context is the cluster of prior lows the euro had been drifting toward before this bounce, which framed the recent weakness as a test of longer-standing levels rather than a fresh breakdown. Whether the currency can build on this instead of rolling back toward those lows is the open question.