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The US Dollar strengthened at the beginning of the week but could not maintain its momentum and turned lower, helping EUR/USD recover from an over one-month low of 1.0724.
March data showed better demand for Indian services from domestic and international sources with export business rising at the fastest rate since the series started in September 2014
The EUR/USD pair extends its recovery beyond 1.0850 on Thursday, as market players keep dropping the US Dollar, while the Euro benefited from signs of life in the local economy.
China will on Wednesday see March results for the Services PMI from Caixin, highlighting a modest day for Asia-Pacific economic activity. The index is tipped to see a score of 52.
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