The single currency of the euro rebounds from its lowest level in three weeks against the US dollar

The single currency of the European Union has fluctuated in a narrow range during the Asian session to see its rebound for the second consecutive session since its lowest since June 29 against the US dollar on the eve of economic data Friday expected by the euro zone economies Amid the economic data tightened by the US economy in the last session of the week.

At 4:56 GMT, the EURUSD rose 0.09% to 1.1653 from the opening at 1.1642 after the pair hit a high of 1.1660, while reaching a lows of 1.1626.

Markets seek the largest economies in the euro area The reading of the PPI in Germany is a preliminary indicator of inflationary pressures, which could reflect a slowdown in growth to 0.3% against 0.5% in May Growth accelerated to 3.0% vs. 2.7% before the current account, which could reflect a surplus of 3.6 billion euros vs. 3.4 billion euros in April.