Euro gains despite bullish U.S. manufacturing data

Euro rose today to a one-week high against the dollar despite bullish U.S. manufacturing data that bested expectations, which would've normally buoyed the greenback.

EUR/USD last traded at 1.1143, up from the opening of 1.1104, with an intraday high at 1.1171, and a low at 1.1074, after the pair hit a three-month trough last Friday at 1.0914.

Euro's current gains come as global markets rebound from the post-Brexit meltdown, with traders engaging in short-covering operations on the common currency while European and global stocks rise as well.

On the other hand, the dollar fell against a basket of rivals despite earlier upbeat manufacturing data, which helped the euro against the greenback, as markets ignored the bullish U.S. data. 

The dollar index, measuring the greenback's performance against a basket of six major currencies, last traded at 95.66, compared to the opening of 95.88, with a session-low at 95.40, and a high at 96.08, after the index hit a three-month high this week at 96.70.