EUR/USD Trading Lower, German CPI Steady

EUR/USD is trading at 1.0612, down 0.0029. Germany's Federal Statistical Office reported that year over year CPI (Consumer Price Index) rose 0.8 percent during November versus 0.8 percent in October. On the month CPI rose 0.1 percent in November versus a 0.2 percent rise in October. Germany's year over year Harmonized Index of Consumer Prices (HICP) rose 0.7 percent versus a 0.7 percent rise in October. On the month, November HICP was flat versus a 0.2 percent rise in percent in October.