Investing.com - The euro eased higher against the U.S. dollar during mid U.S. trade Thursday on stronger economic numbers.
EUR/USD hit a low of 1.2957 and a high of 1.3050 during U.S. trade and is trading higher by 0.18%.
The pair was likely to find support at 1.2993 and technical resistance exists at 1.3019.
The single currency eased off of 11 month lows against the dollar on a report indicating euro zone manufacturing contracted less than expected and Spain exceeding its maximum selling target at a debt auction.
Meanwhile, The Swiss National Bank kept the franc's minimum exchange rate at 1.20 per euro and the benchmark interest at zero, meeting consensus estimates.
Positive data from the U.S. employment figures helped keep the euros advance in check.
Brian Kim, at Royal Bank of Scotland, told Bloomberg, "We got some positive data in the U.S. We have seen a little better data and auction's weren't bad. It's a modest re-engagement."
The Euro was slightly lower against the pound with EUR/GBP dropping 0.024% to hit 0.8392.
Investors are awaiting European Central Bank head Mario Draghi to speak on Friday, as well as U.S. inflation figures.
EUR/USD hit a low of 1.2957 and a high of 1.3050 during U.S. trade and is trading higher by 0.18%.
The pair was likely to find support at 1.2993 and technical resistance exists at 1.3019.
The single currency eased off of 11 month lows against the dollar on a report indicating euro zone manufacturing contracted less than expected and Spain exceeding its maximum selling target at a debt auction.
Meanwhile, The Swiss National Bank kept the franc's minimum exchange rate at 1.20 per euro and the benchmark interest at zero, meeting consensus estimates.
Positive data from the U.S. employment figures helped keep the euros advance in check.
Brian Kim, at Royal Bank of Scotland, told Bloomberg, "We got some positive data in the U.S. We have seen a little better data and auction's weren't bad. It's a modest re-engagement."
The Euro was slightly lower against the pound with EUR/GBP dropping 0.024% to hit 0.8392.
Investors are awaiting European Central Bank head Mario Draghi to speak on Friday, as well as U.S. inflation figures.