Euro climbs above 1.14 versus dollar

Euro rose in American trade off December 17 lows for the third straight session against the dollar, following a stream of data from the euro zone and the US today. 

As of 04:48 GMT, EUR/USD rose 0.62% to 1.1466, with an intraday high at 1.1473, and a low at 1.1389. 

Earlier German data showed retail sales rose 1.4%, up from 0.1% in October, while factory orders fell 1%, compared to a 0.2% increase in October. 

The Sentix consumer sentiment index for the euro zone fell 1.5%, sharpening a 0.3% drop in December, while retail sales rose 0.6%, beating estimates of 0.2%. 

The European Commission's spokesperson asserted there will be no renegotiations with Britain on the Brexit deal, adding however that European Commission President Jean Claude Juncker and UK Prime Minister Theresa May agreed to extend talks later this week. 

Otherwise, earlier US data showed the ISM services PMI receded to 57.6 in December from 60.7 in November, missing estimates of 59.6.