Euro futures rose after strong economic data, but gains didn't hold.

December Euro futures rose for a third straight session, though gains were minimal and the contract finished the week down $0.004 on a weekly basis. Economic data provided support, with German and eurozone Purchasing Managers' Index (PMI) data coming in stronger than expected and mostly in expansion territory. German manufacturing PMI was the only one slightly below 50 at 49.6 but still better than forecasts. The eurozone manufacturing PMI rose to exactly 50, indicating expansion. The composite services PMI was also better across both Germany and the eurozone. The market is now looking ahead to next week's interest rate decisions from both the Federal Open Market Committee (FOMC) and the European Central Bank (ECB). The ECB is expected to hold rates steady, which could support the euro by maintaining a more attractive rate compared to other regions, as the FOMC is expected to cut rates. This policy divergence limits downward pressure on the euro and may encourage capital inflows.