EUR/USD Steady; Euro Area Unemployment Improves, Core CPI Flat

EUR/USD is trading at 1.0711, up 0.0004. Eurostat reported that December unemployment in the Euro Area was 9.6 percent from 9.7 percent in November. The agency reported that January year over year Core CPI (consumer prices) in the Euro area was flat at 0.9 percent versus 0.9 percent in December. January CPI was 1.8 percent versus 1.1 in December.