Euro rebounds after two-day decline

Euro rose on Friday ahead of the weekend after two days of losses, after the dollar erased most of its gains against a basket of currencies, and following strong industrial and services data in the euro zone. 

EUR/USD last traded at 1.0800, up from the opening of 1.0785, with a session-high at 1.0816, and a low at 1.0761. 

Euro rebounded today after the dollar pared its gains following mixed U.S. data, as durable goods orders recovered while industrial and services data fell, helping the common currency gain ground today. 

Earlier euro zone data showed the manufacturing PMI up to 56.2 in March from 55.4, while services PMI rose to 56.5 from 55.5. 

Upbeat manufacturing and services data buoyed the euro today against the dollar, specially as markets await the Congress' vote on a healthcare bill after getting delayed yesterday.