Euro rebounds from one-year low against dollar

Euro rose in American trade away from November 14 lows against the dollar, on track for a weekly profit following earlier data from the euro zone and the US. 

As of 05:52 GMT, EUR/USD rose 0.38% to 1.1648 from the opening of 1.1604, with an intraday low at 1.1601, and the highest since June 14 at 1.1675. 

Earlier French data showed the services PMI rose to 56.4 from 54.3, while the manufacturing PMI slipped to 53.1 from 54.4, missing forecasts of 54.0.

German services PMI accelerated to 53.9 from 52.1, beating forecasts of 52.2, while the manufacturing PMI slipped to 55.9 from 56.9, missing estimates of 56.3. 

For the whole euro zone, the services PMI rose to 55.0 from 53.8 in May, while the manufacturing PMI slowed down to 55.0 as expected from 55.5 in May. 

European Central Bank President Mario Draghi stated earlier that Eurogroup's finance ministers agreed to extend 10-year Greek debt to improve Greece's efforts to go through with medium-term debt. 

US Data 

Earlier US data showed the preliminary reading for the services PMI down to 56.5 in June from 56.8 in May, beating forecasts of 54.9, while the manufacturing PMI slipped to 54.6 from 56.4, missing forecasts of 56.3.