Euro rebounds from two-week trough after worst day in two months

Euro rose in American trade off December 17 lows against the dollar following a stream of data from the euro zone and the US, and after euro marked the heftiest loss versus dollar yesterday since November 12. 

As of 05:19 GMT, EUR/USD rose 0.47% to 1.1397, with an intraday high at 1.1411, and a two-week trough at 1.1309. 

Earlier Spanish data showed unemployment change fell 50.6 thousand in December, compared to a 1.8K drop in November, while M3 money supply for the euro zone rose 3.7%, slowing down from 3.9% in October. 

Private loans for the zone rose 3.3% as expected, up from 3.2% in October. 

Otherwise, earlier US data showed the private sector added a stellar 271 thousand new jobs in December, beating estimates of 179 thousand, and compared to November's 157K, revised from 179K. 

US unemployment claims rose 10 thousand in the week ending December 29 to 231 thousand, while continuing claims in the week ending December 22 rose 32K to 1.740 million. 

The US ISM manufacturing PMI tumbled to 54.1 in December from 59.3, missing estimates of 57.7, while ISM manufacturing prices fell as well sharply to 54.9 from 60.7, missing expectations of 57.9.