Euro titled higher in American trade away from March 22 lows, following earlier data from the euro zone and the US, the world's largest economy.
As of 02:36 GMT, EUR/USD rose 0.08% to 1.2318 from the opening of 1.2308, with an intraday high at 1.2335, and a one-week low at 1.2296.
Earlier German data showed consumer prices slowed down to 0.4% m/m in March from 0.5%, while slowing down to 1.6% y/y from 1.4%, missing forecasts of 1.7%. while the unemployment change fell 18.4 thousand, adding to the 19.2K drop in February, while analysts expected a 24K decline.
European Central Bank member Klaas Knot said in earlier remarks that he agrees with market expectations on ending the monetary easing program by the last quarter of 2018, and hiking interest rates by the second quarter of 2019.
Knot called for gradual decreases in bonds purchases after September, noting that euro's recent surges are not source of concern for the EU.
Otherwise, earlier US data showed personal spending and income grew 0.2% and 0.4% respectively in February, while core personal spending slowed down to 0.2% as expected from 0.3%, and on a yearly basis, spending accelerated to 1.6% from 1.5% in line with forecasts.
Unemployment claims fell 12 thousand in the week ending March 25 to 215 thousand from 227 thousand, missing expectations of 230K, while continuing claims in the week ending March 17 rose 35 thousand to 1.871 million from 1.836 million, missing expectations of 1.870 million.
Chicago PMI slowed down sharply to 57.4 in March from 61.9 in February, missing expectations of 62.1.
University of Michigan released its second and final reading for consumer sentiment, showing a dip to 101.4 in March from the preliminary reading of 102, missing expectations of 101.9, and compared to February 99.7.
The Energy Information Administration released its report on US natural gas storage, showing another drawdown of 63 billion cubic feet om the week ending March 12, down from 86 billion in the previous reading, while analysts expected a 75M drop.
Total stocks have now fallen to 1.383 trillion cubic feet from 1.446 trillion in the week ending March 16, which is below the total of the same period in 2017 at 2.055 trillion, while also below the five-year average at 1.729 trillion.
US stock indices opened the fourth session of the week mixed, following a spate of important data from the world's largest economy.
Earlier US data showed personal spending and income grew 0.2% and 0.4% respectively in February, while core personal spending slowed down to 0.2% as expected from 0.3%, and on a yearly basis, spending accelerated to 1.6% from 1.5% in line with forecasts.
Unemployment claims fell 12 thousand in the week ending March 25 to 215 thousand from 227 thousand, missing expectations of 230K, while continuing claims in the week ending March 17 rose 35 thousand to 1.871 million from 1.836 million, missing expectations of 1.870 million.
Chicago PMI slowed down sharply to 57.4 in March from 61.9 in February, missing expectations of 62.1.
University of Michigan released its second and final reading for consumer sentiment, showing a dip to 101.4 in March from the preliminary reading of 102, missing expectations of 101.9, and compared to February 99.7.
As of 01:57 GMT, Standard and Poor's 500 rose 0.19%, or 4.89 points to 2,609.89, while Dow Jones climbed 0.50%, or 120.27 points to 23,968.69.
Tech-heavy NASDAQ slipped 0.14%, or 9.85 points to 6,939.38.
Gold futures titled lower in American trade away from February 16 highs, even as the dollar index lost ground, following data from the US, the world's largest economy.
As of 01:40 GMT, gold futures due on June 15 fell 0.26% to $1,326.50 an ounce from the opening of $1,330, marking March 21 lows, while the dollar index shed 0.09% to 89.98 from the opening of 90.06.
Earlier US data showed personal spending and income grew 0.2% and 0.4% respectively in February, while core personal spending slowed down to 0.2% as expected from 0.3%, and on a yearly basis, spending accelerated to 1.6% from 1.5% in line with forecasts.
Unemployment claims fell 12 thousand in the week ending March 25 to 215 thousand from 227 thousand, missing expectations of 230K, while continuing claims in the week ending March 17 rose 35 thousand to 1.871 million from 1.836 million, missing expectations of 1.870 million.
Chicago PMI slowed down sharply to 57.4 in March from 61.9 in February, missing expectations of 62.1.
University of Michigan released its second and final reading for consumer sentiment, showing a dip to 101.4 in March from the preliminary reading of 102, missing expectations of 101.9, and compared to February 99.7.
Gold holdings at SPDR Gold Trust, the world's largest gold-backed investment fund, settled at 846.12 tonnes on Wednesday, the lowest since March 16, after rising 3%, or 23.63 tonnes in 2017, while gold prices rose 13% last year, the second yearly rise in a row.