Euro FX futures drop for 4th straight session on soft jobs data.

Euro FX futures declined for a fourth consecutive session on Friday, extending a four-day drop to about 1.8% and tracking toward a fourth straight weekly loss of 1.07%. During the session, prices reached a high of 1.1086 before sliding to a low of 1.1038. On the economic front, third-quarter eurozone GDP rose 0.4% quarter over quarter, matching expectations, while quarterly employment remained flat against estimates for a 0.2% increase and annual employment growth slowed from 0.5% to 0.4%. Meanwhile, the European Central Bank reiterated a meeting-by-meeting policy approach while noting higher energy costs could elevate inflation and weigh on growth. Markets currently anticipate December rate hikes from both the ECB and the Federal Reserve, according to the CME FedWatch Tool.