EUR/USD Little Lower

EUR/USD is trading at 1.0605, down 0.0040. The pair traded soft overnight. Chatter about ECB monetary policy and comments from the ECB meeting today is now in focus. Market talk about recent U.S. data and Federal Reserve policy is constant. Germany's March CPI data came out at 0.5 percent month-over-month and 0.3 percent year-over-year. The Eurozone February trade balance was +22 billion versus January's +21.2 billion.