Forexpros – U.S. business inventories rose less-than-expected in June, official data showed on Tuesday.
In a report, the U.S. Census Bureau said that wholesale inventories rose by 0.1% in June, below expectations for a 0.2% gain.
Business inventories rose by an unrevised 0.3% in May.
Following the release of the data, the U.S. dollar was fractionally lower against the euro, with EUR/USD easing up 0.09% to trade at 1.2342.
Meanwhile, U.S. equity markets were mildly higher after the open. The Dow Jones Industrial Average added 0.2%, the S&P 500 index rose 0.25%, while the Nasdaq Composite index advanced 0.35%.
Forexpros
