The dollar rate is currently rising against the euro and falling against the yen on Monday after the release of the index of business activity in the euro area, trading data showed.

Current dollar rate — what happens in the financial markets? 

The Euro/U.S. Dollar rate is down to $1.0678 from $1.0702 and the dollar/yen rate is down to 130.88 yen from the previous close of 131.11 yen. And the dollar index (exchange rate against a basket of currencies of six U.S. trading partners) is down 0.03%, to 103.49 points.

Investors are paying attention to the PMI (business activity) index in the euro area, published earlier by S&P Global. The final assessment of the index in December coincided with the preliminary one — up to 47.8 points from 47.1 points in November. At the same time German PMI for industrial production rose to 47.1 points from November’s 46.2 points, and in France the indicator rose to 49.2 points from 48.3 points.

Nevertheless, it is still a “negative” zone — an index value above 50 points indicates growth in economic activity, lower — its decline.

Earlier we reported that the US dollar was trading mixed against the euro and yen.