Euro inches up versus dollar in American trade

Euro tilted higher against the dollar in American trade, following earlier data from the US, the world's largest economy, and amid a lack thereof from the euro zone, as markets look forward to Federal Reserve Chair Janet Yellen's speech in New York. 

As of 05:24 GMT, EUR/USD rose 0.03% to 1.1737 from the opening of 1.1733, with an intraday high at 1.1758, and a low at 1.1713. 

US existing home sales rose 2.0% in October to 5.48 million units, compared to a 0.4% rise in September to 5.37 million, while analysts expected a 0.2% increase to 5.40 million. 

Yellen announced on Monday that she will resign from her job after her term ends in February, once her replacement Jerome Powell is confirmed in the Senate. 

The Senate Banking Committee will hold a session on November 28 to discuss President Donald Trump's nomination of Powell to chair the Federal Reserve after Yellen.