Euro rebounds from two-month low versus dollar

Economies.com
2018-10-15 16:18PM UTC

Euro rose in American trade off August 20 lows against the greenback, following earlier data from the US and amid a lack thereof from the euro zone. 

 

As of 04:16 GMT, EUR/USD rose 0.29% to 1.1593, with an intraday high at 1.1606, and a low at 1.1535. 

 

Earlier US data showed retail sales rose 0.1%, same as August and missing estimates of 0.7%, while core prices fell 0.1%, missing estimates of a 0.4% addition. 

 

The Empire State Manufacturing index rose to 21.1 from 19 in August, besting estimates of 20.4, while wholesale inventories rose 0.5%, adding to the 0.6% increase in July. 

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