Euro settles higher against dollar

Euro titled higher against the dollar in American trade, following earlier data from the euro zone, and ahead of the Beige Book's release and speeches by several Fed governors. 

As of 02:13 GMT, EUR/USD rose 0.11% to 1.2384 from the opening of 1.2370, with an intraday high at 1.2397, and a low at 1.2342. 

Earlier euro zone data showed consumer prices slowed down to 1.3% from 1.1% in February, missing expectations of 1.4%, while core prices steadied at 1%. 

European Council President Donald Tusk said the European economy returned to the growth levels of before the global financial crisis, praising positive developments on Brexit negotiations. 

Tusk said the EU could respond to US tariffs, while asserting EU support to air strikes by US, France, and Britain against the Syrian government forces. 

Now markets await the Beige Book, which derives its importance from being release two weeks before the Federal Open Market Committee's meeting, and upon which policymakers depend for their policies to support the economy. 

Federal Reserve Bank of New York President William Dudley is due to speak about the economic outlook and monetary policy at the City University of New York's Lehman College, while Federal Reserve Governor Randal Quarles will speak at the Bretton Woods Committee Annual Meeting, in Washington DC.