Investing.com - The Euro was higher against the U.S. Dollar on Tuesday after the release of U.S. data on PPI.
EUR/USD was trading at 1.3751, up 0.10% at time of writing.
The pair was likely to find support at 1.3653, today’s low, and resistance at 1.3914, Monday’s high.
Earlier in the day, official data showed that U.S. producer price inflation rose more-than-expected to a seasonally adjusted 0.8% last month from 0.0% in the preceding month.
Analysts had expected U.S. PPI to rise 0.2% last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8750 and EUR/JPY rising 0.09% to hit 105.64.
EUR/USD was trading at 1.3751, up 0.10% at time of writing.
The pair was likely to find support at 1.3653, today’s low, and resistance at 1.3914, Monday’s high.
Earlier in the day, official data showed that U.S. producer price inflation rose more-than-expected to a seasonally adjusted 0.8% last month from 0.0% in the preceding month.
Analysts had expected U.S. PPI to rise 0.2% last month.
Meanwhile, the Euro was up against the British Pound and the Japanese Yen, with EUR/GBP gaining 0.28% to hit 0.8750 and EUR/JPY rising 0.09% to hit 105.64.