Investing.com - U.S. business inventories rose less than expected in December, official data showed on Thursday.
In a report, the U.S. Census Bureau said that wholesale inventories increased by a seasonally adjusted 0.1% in December, below forecasts for a 0.2% gain. Business inventories rose by 0.2% in November.
EUR/USD was trading at 1.1388 from around 1.1383 ahead of the release of the data, while GBP/USD was at 1.5360 from 1.5356 earlier, while USD/JPY was at 119.15 from 119.08 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 94.36, compared to 94.39 ahead of the report.
Meanwhile, U.S. stock markets were higher after the open. The Dow 30 rose 0.35%, the S&P 500 tacked on 0.65%, while the Nasdaq 100 picked up 0.7%.