Euro falls against dollar ahead of eurozone macroeconomic statistics release

The euro fell slightly against the US dollar on Thursday morning ahead of the release of eurozone statistics, Report informs.

The euro against the dollar is falling to $1.0929 per euro from the last close of $1.0936. The dollar against the yen at the same time increased to 143.84 yen from 143.32 yen. And the dollar index (the exchange rate against a basket of currencies of six US trading partners) rose by 0.18% to 102.79 points.

Later, the final assessment of the composite index of business activity PMI in the manufacturing and services sectors of the 20 eurozone countries will be published. Analysts expect the index to drop to 48.9 in July from 49.9 in June, as preliminary estimates showed.

In the evening, investors will also evaluate US statistics. According to forecasts, the number of initial claims for unemployment benefits in the country over the previous week rose to 227,000. And the index of business activity in the US services sector of the Institute for Supply Management (ISM) in July decreased to 53% from 53.9% in June.