EUR/USD Trading Lower, Euro Area Economic Sentiment Improves

EUR/USD is trading at 1.0610, down 0.0030. The Centre for European Economic Research (ZEW) surveys for December were released this morning. The Euro area economic sentiment index for December rose to 18.1 versus 15.8 in November. Germany's Economic sentiment was steady at 13.8 versus in 13.8 in November. The survey showed German current conditions rose to 63.5 versus 58.8.