Euro declines to seven-session trough against dollar

Euro fell in American trade to August 20 lows against the dollar, following earlier data from the euro zone and as the US market shuts down for the Columbus Day bank holiday. 

As of 04:41 GMT, EUR/USD tumbled 0.41% to 1.1477, with an intraday low at 1.1460, and a high at 1.1535. 

Earlier German data showed industrial production fell 0.3%, compared to a 1.3% decline in June, while analysts expected a 0.4% increase. 

The Sentix index tracking consumer confidence in the euro zone receded to 11.4 as expected from 12.0. 

Combative Italian deputy prime minister Matteo Salvini assured investors that an exit from the European Union is not included within the government's agenda, days after describing European Commission President Jean Claude Juncker as the enemy of Europe.