Euro higher against Greenback ahead of Euro zone CPI data

Source: FXstreet
© ScanPix/AP
The shared currency extended gains versus the US Dollar, supported mainly by persisting worries over China, which triggered risk-off sentiment in the markets and drove demand for save havens. The EUR/USD pair rose 0.28% to $1.1210 by 08:32 AM GMT, after hitting $1.1261 earlier in the session. Later in the day, traders will eye the Euro zone preliminary CPI figures, which will show if the inflation ticked lower or remained resilient.  
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