Euro plumbs four-week low against dollar

Euro fell in European trade to the lowest since July 27 against the dollar, following earlier data from the euro zone and the US, the world's largest economy.

As of 04:56 GMT, EUR/USD fell 0.23% to 1.1740 from the opening of 1.1767, with an intraday high at 1.1790, and a four-week trough at 1.1662. 

Earlier euro zone data showed consumer prices fell 0.5% in June, compared to June's no-change, while on a yearly basis, prices rose 1.3% in line with expectations, as core prices also steadied at 1.2% as expected, up from 1.1% in June. 

The trade surplus for the whole region rose to 22.3 billion euros in June from 19.0 billion in May, besting expectations of 20.4B, while the release of the European Central Bank's minutes for the last meeting, at which policymakers voted to hold interest rates at record lows and maintain the asset purchase program unchanged. 

Otherwise, earlier US data showed unemployment claims fell past expectations, while the Philly manufacturing index slowed down in August to 18.9 from 19.5, besting expectations of 18.3, and finally, industrial production slowed down more than expected last month, as the Capacity Utilization Rate steadied in line with expectations.