EUR/USD Drifts lower

EUR/USD has drifted down a little off the session highs on Tuesday. EUR/USD is trading a little choppy at 1.0967 up 0.0091. The pair has traded firm most of the session ahead of U.S. GDP data and the U.S. FOMC statement on Wednesday afternoon. Market talk about European data due out the rest of the week is making the rounds. German CPI is due Wednesday morning at 3:00 AM ET. German Retail Sales, April CPI for Germany and the Eurozone along with March unemployment for Germany and the Eurozone are scheduled for release Thursday morning.