Euro climbs for first session in three versus greenback

Euro rose in American trade off late November lows against the greenback,following earlier data from the euro zone and the US. 

As of 05:27 GMT, EUR/USD rose 0.39% to 1.1361, with an intraday high at 1.1379, and a low at 1.1315. 

Earlier Italian data showed unemployment fell to 10.2% from 10.7%, while industrial production for the whole zone rose 0.2% as expected, compared to a 0.6% drop in September. 

European Council President Donald Tusk said the EU end of the year summit will be held tomorrow, with leaders expected to discuss Brexit and meet with UK PM Theresa May as she faces a no confidence vote on her government. 

Otherwise, the German government cut estimates for GDP growth to between 1.5% to 1.6% this year from 1.8% in previous forecasts, while expecting another growth in 2019 for the tenth year in a row. 

US Inflation Data 

Earlier US data showed consumer prices were unchanged in November as expected, down from October's 0.3% increase. 

Core prices excluding food and energy, rose 0.2% as expected, and also the same as October.