The euro rose above $1.13 on Friday, after better-than-expected inflation data in the eurozone and despite the release of the US non-farm payrolls report, as investors looked for clues on the Federal Reserve's monetary policy outlook.

The latest CPI figures show that inflation in the eurozone remained stable at 2.2% in April, slightly higher than the 2.1% expected. In particular, services inflation accelerated to 3.9%, and core inflation, excluding food and energy, reached 2.7%, also exceeding forecasts.

In the U.S., this Friday's employment report came in better than expected, with 177,000 nonfarm jobs created compared with 130,000 expected in April, versus 228,000 in March, against a backdrop of growing uncertainty linked to President Donald Trump's aggressive tariff policy.

At the same time, market sentiment was bolstered by signs of a potential thaw in trade tensions between the US and China, after Beijing said it was "evaluating" recent US proposals for the resumption of negotiations.