Euro climbs against dollar before the weekend

Euro rose past 1.12 against the dollar in American trade for the first time this week, following earlier data from the euro zone and the US, the world's largest economy. 

As of 04:54 GMT, EUR/USD rose to 1.1201 from the opening of 1.1152, with an intraday low at 1.1145, and the highest since June 15 at 1.1211. 

Earlier euro zone data showed French manufacturing PMI rising while services PMI slowed down, as Germany's both manufacturing and services PMIs fell unexpectedly, while the manufacturing PMI for the whole zone rose and services PMI slowed down in June. 

Earlier US data showed the preliminary readings for both manufacturing and services PMI down in June, while new home sales rose past expectations in May. 

Markets now await Federal Open Market Committee member Jerome Powell's speech later today, titled "Central Clearing and Liquidity" at the Federal Reserve Bank of Chicago Symposium on Central Clearing