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Euro above $1.08 as euro-zone PMI hits highest level in six years

Published 03/24/2017, 07:25 AM
Updated 03/24/2017, 07:25 AM

Investing.com - The euro moved back above $1.08 as the euro-zone composite PMI hit its highest level in six years.
The single currency was up 0.19% at $1.0804 at 07.15 ET after an intraday low of $1.0761.
Markit's composite PMI in March rose to 56.7 from 56.0 the previous month.
The composite PMI, which combined services and manufacturing, was forecast to fall to 55.8.
German and French PMIs also beat estimates.
"The eurozone economy’s throttle opened further in March, " IHS Markit chief economist Chris Williamson said.
The dollar index was down 0.03% at 99.53.

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