The currency cross rises as the Euro (EUR) receives support following the release of HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone. The HCOB Eurozone Composite PMI rebounded into expansion territory in July, rising to 52.0 from June's neutral 50.0 mark. Driving this turnaround, the Eurozone Services PMI advanced from 49.4 in June to 51.7 in July, snapping a three-month streak of decline with its fastest growth rate since February. Meanwhile, Germany's Services PMI edged up to 49.8 from 48.6, remaining just below the neutral 50.0 threshold. The EUR/CAD cross gains ground as the commodity-linked Canadian Dollar (CAD) struggles against falling energy markets, with oil prices trading near three-week lows.