EUR/USD Trading Lower, German CPI Slips

EUR/USD is trading at 1.0692, up 0.0002. Germany's Federal Statistical Office reported that Germany's January CPI (Consumer Price Index) fell 0.6 percent versus a rise of 0.7 percent in December. On the year German CPI rose 1.9 percent versus a 1.7 percent rise in December. Germany's Harmonized Index of Consumer Prices (HICP) fell 0.8 percent in January versus a 1 percent rise in December. Year over year German HICP rose to 1.9 percent versus a rise of 1.7 percent in December.