Investing.com - U.S. wholesale inventories rose less-than-expected in September, official data showed on Wednesday.
In a report, the U.S. Commerce Department said that wholesale inventories increased by a seasonally adjusted 0.3% in September, below expectations for a 0.4% increase.
Wholesale inventories rose by 0.6% in August, whose figure was revised down from a previously reported increase of 0.7%.
EUR/USD was trading at 1.2456 from around 1.2452 ahead of the release of the data, while GBP/USD was at 1.5808 from 1.5802 earlier.
Meanwhile, U.S. stock markets were lower after the open. The Dow slumped 0.3%, the S&P 500 dropped 0.3%, while the Nasdaq 100 lost 0.25%.