Euro rises vs. dollar for second session in a row

Euro kept rising against the dollar in the week's third session after trading was shut on Monday for the New Year holiday, and following earlier data from the Eurozone and the U.S. economy.
 
As of 05:12 GMT, EUR/USD rose to 1.0603 from the opening of 1.0487, with an intraday low at 1.0480, and the highest since the end of December at 1.0615.
 
Earlier data from the Eurozone showed the Retail PMI up to 50.4 from 48.6 in November, while producer prices rose just 0.3% in November, down from 0.8% in October, while besting expectations of 0.2%.
 
Earlier U.S. data showed the economy has added 153 thousand new jobs in the private sector, down from 215K in November, and missing expectations of 171K. Investors now await the official report on Friday, expected to show 175K new jobs, and for the unemployment rate to inch up to 4.7% in December.

Similarly, unemployment claims fell to 235 thousand in the week ending December 31, compared to 263K in the previous reading, while continuing claims rose 16 thousand in the week ending December 24 to 2.112 million claims, above expectations of 2.045M.

Additionally, the ISM services PMI rose to 57.2 in December, besting expectations of 56.6, and the same as November, while the Energy Information Administration released its report on U.S. crude stocks, showing an inventory drawdown in the world's largest energy consumer.