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Euro turns positive on day versus dollar on German PMI

euro-LONDON: The euro rose, turning positive on the day against the dollar on Thursday after a survey showed German private sector activity jumped to its highest level in a year in January.

 

The euro rose to $1.3332, up 0.1 percent on the day, from around $1.3300 beforehand.

 

It pared earlier losses, having earlier hit a session low of $1.3286 following a weak French purchasing managers' survey.

Copyright Reuters, 2013