Investing.com - U.S. wholesale inventories rose more than expected in September, official data showed on Tuesday.
In a report, the U.S. Commerce Department said that wholesale inventories increased by a seasonally adjusted 0.5%, above expectations for a gain of 0.1%. Wholesale inventories rose by 0.3% in August, whose figure was revised up from a previously reported increase of 0.1%.
EUR/USD was trading at 1.0682 from around 1.0684 ahead of the release of the data, GBP/USD was at 1.5108 from 1.5109 earlier, while USD/JPY was at 123.43 from 123.39 earlier.
The US dollar index, which tracks the greenback against a basket of six major rivals, was at 99.54, compared to 99.53 ahead of the report.
Meanwhile, U.S. stock markets were lower after the open. The Dow 30 slumped 0.1%, the S&P 500 dropped 0.1%, while the Nasdaq Composite declined 0.4%.
Elsewhere, in the commodities market, gold futures traded at $1,085.90 a troy ounce, compared to $1,085.80 ahead of the data, while crude oil traded at $44.65 a barrel from $44.56 earlier.