Euro Pares Recent Losses After German PMI Report
The euro erased some of its recent losses against most of its major rivals after a report showed that both the German manufacturing and services PMI rose more than expected in September.
As of 3:34 am ET, the common currency was trading at 101.40 against the yen, 0.8020 versus the pound, 1.2670 against the US dollar and 1.2090 against the Swiss franc.