Euro edges up to near 3-month high against dollar

Euro tilted higher in Asian trade against dollar ahead of a spate of data from the euro zone and the US, including a testimony by Fed Chair Jerome Powell ahead of Congress. 

As of 06:36 GMT, EUR/USD rose 0.24% to 1.1956, with a session-high at 1.1960. 

From Spain, manufacturing PMI is expected down to 50.8 from 52.5, while Italy's manufacturing PMI is expected down to 52 from 53.8. 

France's manufacturing PMI is expected down sharply to 49.1 from 51.3, while Germany's manufacturing PMI is expected down slightly to 57.9 from 58.2.

The euro zone's consumer prices are expected down 0.2% in November, while core prices are expected up 0.2%. 

From the US, the Markit manufacturing PMI is expected at 56.7, same as before, while construction spending is expected up 8% in October. 

The ISM manufacturing PMI is expected down to 57.9 from 59.3, while manufacturing prices are expected down to 65 from 65.5 in October. 

Later today, Federal Reserve Chair Jerome Powell is due to testify on the CARES Act before the Committee on Banking, Housing, and Urban Affairs, in Washington DC.