Euro falls off three-month high versus dollar

Euro fell in American trade off June 14 highs against the greenback, while still heading for the second weekly profit in a row, following earlier data from the euro zone and the US today. 

As of 03:58 GMT, EUR/USD shed 0.28% to 1.1744, with an intraday low at 1.1733, and a 14-week high at 1.1803. 

Earlier French data showed the services PMI down to 54.3 from 55.4, missing estimates of 55.2, while the manufacturing PMI receded as well to 52.6 from 53.5. 

German services PMI rose to 56.5 from 55.0, while the manufacturing PMI receded to 53.7 from 55.9. 

For the whole euro zone, the services PMI rose to 54.7 from 54.4, while the manufacturing PMI receded to 53.3 from 54.4. 

European Council President Donald Tusk asserted today that UK Prime Minister Theresa May's plans for Brexit won't work, as they risk "undermining the EU's single market". 

Otherwise, earlier US data showed the flash manufacturing PMI up to 55.6 from 54.7 in August, beating estimates of 55.1, while the services PMI receded to 52.9 from 54.8, missing estimates of 54.9.