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Euro wavers as downward trend dominates ahead of U.S. elections
Euro wavered on Tuesday after falling for the second straight day, as the dollar rose while earlier German data missed expectations.
EUR/USD last traded at 1.1044, compared to the opening of 1.1049, with a session-high at 1.1068, and a low at 1.1030.
Dollar managed to recover this week after the FBI cleared Democratic candidate Hillary Clinton from any wrongdoing, which underpinned the greenback after hitting a three-week low last week, in turn pressuring the euro.
Earlier German data showed industrial production for September down 1.8%, compared to August's 3.0% rise, while analysts expected a 0.4% fall.
Also, Germany's trade balance showed a smaller surplus of 21.3 billion euros in September, down from 21.6B in August, and missing expectations of 23.4B.
Trading is thin in general as markets await the U.S. presidential elections results before heading into new directions.
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