Euro regains poise as data points to stronger recovery The euro rose on Friday, edging back towards a seven-week high having nursed losses after European Central Bank President Christine Lagarde squashed speculation that policymakers will start to consider a tapering of bond purchases. Flash purchasing managers’ index numbers for April came in better than expected in the euro zone and supported the view that the region’s economic recovery is accelerating, although the already-stronger euro was little moved by that data. The United States numbers are due at 1345 GMT. The euro gained 0.3% to $1.2054 while the dollar index, measured against a basket of currencies, was down 0.3% .