The euro is higher against the dollar, regaining some ground lost after Germany reported weaker-than-expeted manufacturing data.
The 17-nation euro bought $1.3634 in morning European trading Tuesday, up from $1.3591 late the day before in New York. The British pound is up slightly to $1.6153 from $1.6121, while the dollar is down to 82.09 Japanese yen from 82.29 yen.
The dollar had gained traction Monday after Germany, Europe's largest economy, reported that factory orders fell an unexpectedly sharp 3.4 percent in December.
Traders were looking ahead to Germany's release later Tuesday of industrial production figures for further guidance.