India, Aug. 21 -- The European currency abd British pound strengthened against other major currencies in the European session on Thursday, after the release of Purchasing Managers' index data from both economies.
Eurozone private sector expanded at the fastest pace in 15 months in August on stronger growth in manufacturing output despite challenges posed by U.S. trade tariffs.
Data from S&P Global showed that the Eurozone HCOB flash composite output index climbed more-than-expected to 51.1 in August from 50.9 in July. The score was seen at 50.7.
Germany's flash HCOB composite output index registered 50.9 in August, up from 50.6 in July. This was the highest score since March and was also above forecast of 50.2.
There was a solid acceler...