Euro trades below 1.19 versus dollar for second session

Euro tilted lower in American trade away from the highest since September 22 for the second session, following a basket of data from the euro zone and the US, the world's largest economy. 

As of 05:23 GMT, EUR/USD dipped 0.22% to 1.1872 from the opening of 1.1898, with an intraday low at 1.1864, and a high at 1.1920. 

Earlier German data showed import prices slowed down to 0.6% from 0.9% in September, beating expectations of 0.4%, while European Central Bank member Ardo Hansson said in earlier remarks that the expected economic improvement in the euro zone will lead to the end of the monetary easing program by next September, adding that an end to the program by then should be included in the ECB's plan discussions. 

Earlier US data showed the House Price Index slowed down to 0.3% in October from 0.8% in September, missing expectations, while New York Federal Reserve Governor William Dudley delivered opening remarks at the annual conference on the evolving structure of the US treasury market, hosted by the Federal Reserve Bank of New York.

Federal Reserve Chair Designate Jerome Powell has started to testify on his nomination as the Federal Reserve Chair before the Senate Committee on Banking, Housing, and Urban Affairs, in Washington DC.

Other US data showed the Richmond Manufacturing Index rose to 30 from 12 in October, beating expectations of 14 with ease, while the CB Consumer Confidence survey rose to 129.5 in November from 126.2 in October, beating expectations of 123.9.