Valeria Bednarik, chief analyst at FXStreet explained that the American dollar remained vulnerable this Thursday, with the EUR/USD pair reaching its highest for the year at 1.1411, even despite poor data out of the Euro Zone. Key Quotes: "According to official releases, German unemployment was unchanged in March, snapping a run of five consecutive declines, although the unemployment rate held at its record low of 6.2%. Retail Sales in the country, fell by 0.4% during February, whilst it rose 5.4% in real terms compared to a year before. In the US, weekly unemployment claims in the week ending March 26 reached 276K, above expected, while the 4-week moving average was 263,250, an increase of 3,500 from the previous week's unrevised average of 259,750. The Chicago PM increased to 53.6 in March, led by a recovery in production and employment. Markets, however, turned thin mid American afternoon, ahead of the release of the US Nonfarm Payroll report early Friday. The employment data may put a halt to current dollar's decline, but it will take much more than one strong job's number to turn the current bearish trend of the greenback." For more information, read our latest forex news.