EUR/USD hit 1.3192 during European afternoon trade, the session low; the pair subsequently consolidated at 1.3217, dipping 0.01%.
The pair was likely to find support at 1.3144, the low of July 21 and resistance at 1.3294, the high of August 2.
Markit research group said its final manufacturing purchasing managers' index for the euro zone rose to 51.4 in August, from a reading of 51.3 the previous month, hitting the highest level since July 2011. Analysts had expected the index to remain unchanged last month.
Markit said Spain's manufacturing PMI rose to 51.1 in August, from a reading of 49.8 the previous month, hitting its highest level since April 2011. Analysts had expected the index to rise to 50.8 last month.
Italy's manufacturing PMI rose to 51.3 in July, from 50.4, beating expectations for a rise to 51.0 and hitting the highest level since June 2011.
Market sentiment also found support after a report showed that China’s final HSBC PMI inched up to a four-month high of 50.1 in August, unchanged from a preliminary reading and up from 47.7 in July.
In the U.S., President Barack Obama launched a political offensive on Sunday to persuade Congress to approve a military strike against Syria, but faced a struggle to win over lawmakers from both parties.
Congress will only debate a Syria strike when it returns from its summer recess on September 9, delaying any possible response to a chemical gas attackthat is believed to have killed hundreds of civilians last month.
The euro was lower against the pound with EUR/GBP shedding 0.52%, to hit 0.8482.
Sterling found support after Markit said the U.K.'s manufacturing PMI rose to a 30-month high of 57.2 in August from an upwardly revised reading of 54.8 in July. Analysts had expected the manufacturing PMI to ease up to 55.0 last month.
Trading volumes were expected to remain light on Monday, with U.S. markets closed for the Labor Day holiday.
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