The 17-nation currency euro made a slight rise against the US dollar on Monday, as the German PMI reports showed that the PMI in services from the country grew lesser than forecasted in July. While the currency is pushed by the disappointing US jobs data released on Friday.
Euro rose 0.08% to $1.3292 against the greenback as of 8:01am GMT, while it declined 0.46% to ¥130.74 against the yen at the same time. The German final services Purchasing Managers’ Index (PMI) remained at 51.3 in the month of July. Read more