Euro rose against the dollar in American trade away from March 5 lows for the third session, following earlier data from Italy and the US, while the Euro Group meets in Brussels to discuss various financial and funding issues. 

As of 03:16 GMT, EUR/USD rose 0.31% to 1.2372 from the opening of 1.2334, with an intraday high at 1.2385, and a low at 1.2315. 

Earlier Italian data showed the unemployment rate fell to 11% as expected in the fourth quarter, down from 11.2% in the third, while European Central Bank member Philip Lane dismissed in earlier remarks any euro-related risks currently, while still warning from sudden increases in value.  

Lane said if euro moved too erratically in the next weeks, the ECB should study the issue, while otherwise, European Commission President Jean-Claude Juncker said that US tariffs on aluminum and steel imports are the wrong policy, calling for the US to be more clear about the exemptions given to some countries. 

Juncker said the EU is ready for a quick response on these tariffs, and to file a complaint with the World Trade Organization, asserting that the EU will protect European markets from the ramifications of these decisions. 

Otherwise, Earlier US data showed consumer prices slowed down to 0.2% as expected from 0.5% in January, while core prices slowed down as well to 0.2% from 0.3% in January. 

On a yearly basis, consumer prices accelerated to 2.2% as expected from 2.1% in January, while core prices steadied at 1.8% in line with expectations.

US President Donald Trump abruptly fired Secretary of State Rex Tillerson and put in his place CIA Director Mike Pompeo, becoming another sign of instability in the administration. 

US stock indices opened the second session of the week higher after a spate of data from the world's largest economy, which showed consumer prices slowed down in February, in turn curbing expectations of four Federal Reserve rate hikes this year. 

Earlier US data showed consumer prices slowed down to 0.2% as expected from 0.5% in January, while core prices slowed down as well to 0.2% from 0.3% in January. 

On a yearly basis, consumer prices accelerated to 2.2% as expected from 2.1% in January, while core prices steadied at 1.8% in line with expectations. 

As of 02:45 GMT, Standard and Poor's 500 rose 0.36%, or 9.97 points to 2,792.99, while Dow Jones added 0.41%, or 102.25 points to 25,280.86. 

Tech-heavy NASDAQ edged up 0.24%, or 18.56 points to 7,606.90. 

Gold futures rose in American trade as the dollar index fell off early March highs for the third straight session, following earlier data from the US, the world's largest economy. 

As of 02:03 GMT, gold futures due on April 15 rose 0.36% to $1,325.50 an ounce from the opening of $1,320.80, while the dollar index shed 0.13% to 89.78 from the opening of 89.89. 

Earlier US data showed consumer prices slowed down to 0.2% as expected from 0.5% in January, while core prices slowed down as well to 0.2% from 0.3% in January. 

On a yearly basis, consumer prices accelerated to 2.2% as expected from 2.1% in January, while core prices steadied at 1.8% in line with expectations. 

New Federal Reserve Chair Jerome Powell said in his Congress testimony that hiking interest rates four times this year would be considered a "gradual pace", bolstering expectations of a March rate hike. 

The economy created 313 thousand new jobs last month, while wages slowed down, confirming Powell's expectations that labor would strengthen further before improvements in wages. 

The Federal Open Market Committee will meet on March 20-21 under Powell for the first time, with policymakers expected to release three-year forecasts for inflation, growth, unemployment, and interest rates. 

Gold holdings at SPDR Gold Trust, the world's largest gold-backed investment fund, settled on Monday at 833.73 tonnes, after rising about 3%, or 23.63 tonnes in 2017. 

Platinum prices rose nearly one percent in American trade away from January 4 lows for the third session out of four, as the dollar index dipped for the third consecutive session away from early March highs, following earlier data from the US, the world's largest economy. 

As of 01:37 GMT, platinum prices rose 0.69% to $970.22 an ounce from the opening of $963.61, while the dollar index shed 0.09% to 89.82 from the opening of 89.89. 

Earlier US data showed consumer prices slowed down to 0.2% as expected from 0.5% in January, while core prices slowed down as well to 0.2% from 0.3% in January. 

On a yearly basis, consumer prices accelerated to 2.2% as expected from 2.1% in January, while core prices steadied at 1.8% in line with expectations. 

New Federal Reserve Chair Jerome Powell said in his Congress testimony that hiking interest rates four times this year would be considered a "gradual pace", bolstering expectations of a March rate hike. 

The economy created 313 thousand new jobs last month, while wages slowed down, confirming Powell's expectations that labor would strengthen further before improvements in wages. 

The Federal Open Market Committee will meet on March 20-21 under Powell for the first time, with policymakers expected to release three-year forecasts for inflation, growth, unemployment, and interest rates.