Eurozone PMI Positive, But Uneven
December 17, 2013 at 07:38 AM EST
The euro climbed closer to $1.38 on Tuesday after positive PMI data confirmed that business activity in the eurozone picked up in December. The common currency traded at $1.3771 at 5:15 GMT on Tuesday morning. The Wall Street Journal reported that Markit's composite Purchasing Managers Index climbed to 52.1 in December