Euro advances past 1.18 after German inflation data

Euro rose past 1.18 against the dollar in American trade, following earlier data from the euro zone and the US, the world's largest economy. 

As of 05:28 GMT, EUR/USD rose 0.34% to 1.1812 from the opening of 1.1772, with an intraday high at 1.1835, and a low at 1.1749. 

Earlier German data showed the final reading for consumer prices with a 0.4% growth, same as the preliminary reading, and up from 0.2% in June, while wholesale prices fell 0.1% in June, compared to no-change in May, while analysts expected a 0.3% increase. 

Otherwise from the US, earlier data showed consumer prices rose 0.1% in July, up from no-change in June, and missing expectations of 0.2%, while core prices steadied at 0.1%, also below expectations of 0.2%, and on a yearly basis, prices accelerated to 1.7%, missing forecasts of 1.8%, while core prices steadied at 1.7% in line with expectations last month.