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fxAug 3, 2026, 8:34 AM

Euro Near Seven-Week Highs After PMI Revision

EUR/USD traded at 1.1525 on Monday, remaining close to a seven-week high of 1.1556 despite a downward revision to the Eurozone Manufacturing PMI.

EURUSD

The euro dipped against the dollar on Monday, trading at 1.1525, after Eurozone manufacturing PMI was revised lower. The downward revision underscored persistent weakness in the factory sector. Earlier, EUR/USD hit 1.1556, its strongest level in seven weeks. Despite the pullback, the pair remains within 30 pips of that high.

Source: FXStreet Forex News