Investing.com - U.S. business inventories rose in line with expectations in November, official data showed on Wednesday.
In a report, the U.S. Census Bureau said that wholesale inventories increased by a seasonally adjusted 0.2% in November, meeting forecasts. Business inventories rose by 0.2% in October.
EUR/USD was trading at 1.1785 from around 1.1790 ahead of the release of the data, while GBP/USD was at 1.5212 from 1.5216 earlier, while USD/JPY was at 116.67 from 116.61 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 92.24, compared to 92.19 ahead of the report.
Meanwhile, U.S. stock markets were lower after the open. The Dow 30 fell 1.2%, the S&P 500 declined 0.95%, while the Nasdaq 100 slumped 0.6%.