EUR/USD Little Lower, German Inflation Improves

EUR/USD is trading at 1.0686, down 0.0028. Germany's Federal Statistical Office reported that year over year December CPI (Consumer Price Index) rose 1.7 percent versus a rise of 0.8 percent a year ago. On the month December CPI rose 0.7 percent versus a rose of 0.1 percent in November. Germany's Harmonized Index of Consumer Prices (HICP) fell 1 percent versus flat reading in November. German year over year HICP rose 1.7 percent versus a rose of 0.7 percent in November.