The Euro managed modest gains against the US Dollar on Friday, helped in part by news that the Eurozone economy managed some growth last month.
The S&P Global’s Composite Purchasing Managers Index for the currency bloc climbed to a seven-month high of 50.3 in January. That was above both December’s 49.3 and a preliminary reading of 50.2. The figure was also above the key 50 mark which separates expansion from contraction for the first time in seven months.
