The US dollar re-explained its strengthening in Wednesday's trading overnight to reduce losses suffered the previous day.
Market analysts rate market sentiment a return to risk with an initial decline in the stock market, with Wall Street's main indexes returning to the 'red'.
The pull on safe-haven currencies has rebounded initially underpinning the early strengthening of the US dollar heading into the end of the week.
Meanwhile the euro also showed its initial depreciation after the final reading for the European user price index data was published at 7.4%.
The re-strengthening of the US dollar is seen as boosting the euro's momentum earlier, which was fueled by the expectation of an increase in utility rates by the European Central Bank (ECB).
On the price chart of the EUR/USD currency pair, the price which has reached an increase at the level of the high of 1.05600 is again showing the pattern of its original decline last night.
The price has shrunk back below the 1.0500 zone and also gave a bearish signal again after moving below the 50 Moving Average (MA50) barrier on the 1 hour timeframe of price movement on the EUR/USD chart.
The initial rise in prices was seen at the opening of the Asian session this morning (Thursday), but investors would expect the decline to continue based on the pattern of the overnight decline.
The price is likely to head back towards the support zone at the beginning of the week which is around 1.0400 before a slide lower will test the level of last week's price support at 1.03500.
On the other hand, if the price spike is successful, it will continue to trade at the end of the week, the price highs that were previously reached will be overcome.
A further rise in prices will also test the resistance zone at 1.06000 which was also the pedestal when price movements reacted to the NFP jobs report and the past FOMC message.
