The euro declined in the European market on Friday against a basket of global currencies, marking its first drop in five days against the U.S. dollar. It retreated from a four-year high due to active profit-taking and correction moves, in addition to risk aversion driven by escalating geopolitical tensions in the Middle East.
The euro fell against the dollar by 0.6% to $1.1511, down from the day's opening price of $1.1580, after hitting a high of $1.1614