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Find all the economic and financial information on our Orishas Direct application to download on Play StorePreliminary eurozone PMIs for August weigh on the euro on Friday morning. The eurozone composite PMI fell this month from July and fell short of expectations, although both the manufacturing and services indices held above the 50 threshold, a sign of growth in activity. Manufacturing activity in France declined in August, with the corresponding index falling to 49 from 52.4 in July. At 11:45 a.m., the euro was down 0.4% to $1.1814, while it was trading at $1.1840 before the release of the eurozone PMIs and had reached a high point at 1.1874 before the publication of the indices for the France, according to FactSet.
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