Forex - EUR/USD almost unchanged after Gfk data, central banks ahead

The euro was almost unchanged against the U.S. dollar on Tuesday, after the release of positive German data, as markets were jittery ahead of the Federal Reserve's and the European Central Bank's policy-setting meetings this week. 

EUR/USD hit 1.3248 during late Asian trade, the session low; the pair subsequently consolidated at 1.3258, dipping 0.02%. 

The pair was likely to find support at 1.3177, the low of July 24 and resistance at 1.3300, the high of June 20. 

Data showed that the Gfk German consumer climate index rose more-than-expected in July, ticking up to 7.0 from a reading of 6.8 the previous month. 

Analysts had expected the index to rise to 6.9 this month. 

The greenback found some support on Monday, after the release of positive U.S. data added to expectations for a near-term end to the Federal Reserve's bond-buying program. 

Industry data showed that U.S. pending home sales fell 0.4% in June, less than the expected 1% decline, after a 5.8% rise the previous month.

The euro was steady against the pound with EUR/GBP easing 0.02%, to hit 0.8644. 

Later in the day, preliminary data on German consumer price inflation and Spain's gross domestic product was to be released. 

The U.S. was to publish data on the Standard & Poor's/Case-Shiller Composite-20 house price index, followed by the Conference Board's report on consumer confidence.