The euro rose moderately against the U.S. dollar amid mixed statistics. In the U.S. went out report that the activity in the U.S. non-manufacturing sector continued to grow in January . This is evidenced by data released Wednesday by the Institute for Supply Management (ISM). Purchasing Managers Index (PMI) for the non-productive sphere the U.S. in January rose to 54.0 against 53.0 in December. Economists had expected the index to rise last month to 53.8 . Values above 50 indicate growth in activity .
As shown by recent data that were presented Automatic Data Processing (ADP), in January, private sector employment increased markedly , although not enough to confirm the evaluation of many economists. According to a report last month, the number of employed increased by 175,000 people, compared with a revised downward indicator for the previous month at 227 million ( initially reported growth of 238 thousand jobs ) . Add that, according to the average forecast of this indicator would grow by 191 thousand
Little impact on the European currency had data for the euro area , which showed that the euro zone's private sector quickened in January , while reaching the highest levels in the last two and a half growth, rapid growth of production eclipsed the more modest expansion in the services sector .
According to the report , the final composite purchasing managers index from Markit, which measures business activity in the manufacturing sector and in the service sector , rose to 52.9 in January from 52.1 in the previous month . It was the highest result since June 2011 . Nevertheless , the final assessment was slightly pre - 53.2 at .
In Markit said that growth in the eurozone PMI observed broad-based and led by Germany was lifting . The data also showed that the index of business activity in the services sector rose to a four-month high in January - to the level of 51.6 from 51.9 . However , this result was below the pre-assessment at the level of 51.9 .
The British pound has fallen sharply earlier against the U.S. dollar , which was associated with the release of unexpectedly weak data on Britain. As it became known , the growth in the services sector in Britain, which is dominant , unexpectedly slowed last month, but activity remained high , suggesting that the economy will gain momentum in the first quarter of 2014 . The survey also showed growth companies price pressure for the service sector , but not to a level that could be a problem for the Bank of England , and encourage him to raise interest rates. According to the report , the index of services PMI fell to 58.3 in January from 58.8 points points in December , reaching its lowest level since June . Add that according to the average forecasts of experts, the value of this index would grow to 59.1 points. However , despite the decline , the index remained well above 50 points , which separates growth from contraction.
Meanwhile, it became known that the composite indicator of the three indices PMI ( manufacturing , construction and services sector ) fell to 59.1 in January from 59.4 in December , dropping to its lowest level since June .