The euro traded just under the $1.19 level as global investors looked ahead to Friday’s US CPI release for further direction, although any direct spillover into the euro area is expected to be limited. The single currency’s gains were tempered by stronger-than-expected US jobs data released on Wednesday, which reduced expectations of an imminent Federal Reserve rate cut and supported the dollar. Earlier, the euro drew support from signals that the European Central Bank remains largely unfazed by the currency’s recent appreciation. Additional backing came from reports that Bank of France Governor Fran