Euro tilted lower in American trade away from the highest since October 13 against the dollar, following earlier data from the euro zone and the US.
As of 05:03 GMT, EUR/USD fell 0.16% to 1.1772 from the opening of 1.1791, with an intraday low at 1.1757, and a high at 1.1801.
Earlier euro zone data showed consumer prices slowed down to 0.1% in line with expectations from 0.4% in September, while slowing down to 1.4% y/y from 1.5%, while core prices slowed down to 0.9% from 1.1%.
Otherwise, European Central Bank Chief Economist Peter Bright pointed in earlier remarks to the ECB's confidence in nudging inflation towards 2%, noting the decision to cut bond purchases last month reflect confidence in the upward growth of inflation.
ECB member Yves Mersch said otherwise that the ECB could raise its forecasts for the economic situation in the December meeting, noting that the coming inflation softening won't be as big as previous projections.
Otherwise, earlier US data showed unemployment claims rose to 249 thousand in the week ending November 11 from 239 thousand in the previous reading, while analysts expected a drop to 235 thousand, as import prices slowed down to 0.2% from 0.8% in September.
The Philly Manufacturing Index slowed down sharply to 18.9 in November from 27.9 in October, missing analysts' expectations of a smaller drop to 24.5.
US industrial production rose 0.9% in October, accelerating from 0.4% in September, revised upwards from 0.3%, while analysts expected a 0.5% increase, and finally, the Capacity Utilization Rate rose to 77.0 in October from 76.4%, beating expectations of a dip to 76.3%.