Data from Markit Economics showed that German manufacturing PMI came in at 52 in August, up from expected reading of 51.5. The PMI strengthened to 52.4 in July
The services Purchasing Managers' Index was at 56.4, above the expected score of 55.5. The index registered a growth of 56.7 in July
The composite output index came in more-than-expected at 54.9 in August, but was down from 55.7 in July.
The euro advanced to 1.3277 against the greenback, after falling to near a 1-year low of 1.3241 in early Asian deals.
The euro advanced to 0.8002 against the pound and 1.4564 against the loonie, from early lows of 0.7984 and 1.4537, respectively.
The euro rallied to 137.76 against the yen, its highest level in more than 2 weeks.
The next possible resistance for the euro is seen around 138.5 against the yen, 0.805 against the pound, 1.337 against the greenback and 1.465 against the loonie.
Markit Economics will release the preliminary results of its private sector activity survey for the eurozone at
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