Investing.com - U.S. business inventories rose more than expected in June, official data showed on Thursday.
In a report, the U.S. Census Bureau said that business inventories increased by a seasonally adjusted 0.8% in June, compared to forecasts for a gain of 0.3%. Business inventories inched up 0.3% in May.
EUR/USD was trading at 1.1114 from around 1.1116 ahead of the release of the data, GBP/USD was at 1.5584 from 1.5581 earlier, while USD/JPY was at 124.37 from 124.38 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 96.63, compared to 96.62 ahead of the report.
Meanwhile, U.S. stock markets were mildly lower after the open. The Dow 30 lost 0.3%, the S&P 500 shed 0.3%, while the Nasdaq Composite dipped 0.15%.