Euro falls for fourth straight session against dollar

Euro fell in American trade off October 17 highs for the sixth session out of seven, following earlier data from the euro zone and the US. 

As of 04:44 GMT, EUR/USD shed 0.25% to 1.1361, with an intraday high at 1.1401, and the lowest since January 4 at 1.1353. 

Earlier euro zone data showed current account surplus receded to 20.3 billion euros from 26.8 billions euros in October, missing estimates of 24.1 billion. 

Earlier US data showed industrial production rose 0.3% in December, slowing down from 0.4% while edging estimates of 0.2%. 

The capacity utilization rate rose to 78.7% from 78.6%, while analysts expected no change. 

The University of Michigan released its consumer sentiment survey, showing a steep drop to 90.7 in January from 98.3 in December, matching expectations.