Euro falls off three-week high versus dollar

Euro fell in American trade off November 20 highs against the greenback, following a spate of data and developments from the euro zone and the US. 

As of 04:47 GMT, EUR/USD shed 0.33% to 1.1319, with an intraday high at 1.1400, and the lowest since December 5 at 1.1313. 

An index tracking economic sentiment in Germany rose to minus 17.5 from minus 24.1, while also improving for the whole zone to minus 21 from minus 22. 

European Commission President Jean Claude Juncker expressed his surprise at the latest developments in the Brexit saga, after UK Prime Minister Theresa May's decision to put off a Parliament vote on the agreement, asserting the current deal is the only option available right now. 

European Council President Donald Tusk added the EU won't engage in new negotiations on Brexit again, but they are willing to discuss steps to facilitate the process. 

Otherwise, French President Emanuel Macron admitted that a part of the French people is living with considerable economic difficulties amid riots in Paris.

In response, he announced an increase in the minimum wage by 100 euros a month without putting more burdens on employers, while also cutting taxes for pensioners.  

US Inflation 

Earlier US data showed producer prices rose 0.1% in November, beating estimates of no change, while slowing down from October's 0.6% increase. 

Core prices, excluding food and fuel, rose 0.3%, beating forecasts of 0.1% and missing estimates of 0.5%.