EUR/USD Trading Higher, Spain's CPI Little Changed

EUR/USD is trading at 1.0574, up 0.0015. Spain's National Statistics Institute (INE) reported that February CPI (Consumer Price Index) fell 0.3 percent versus a decline of 0.5 percent in January. On the year, Spanish CPI rose 3 percent during February versus a 3 percent rise in January. Spain's Harmonized Index of Consumer Prices (HICP) fell 0.3 percent in February versus a 1 percent fall in January. Year over year Spanish HICP rose 3 percent versus a rise of 2.9 percent in January. The European Central Bank (ECB) is scheduled to release loan growth and money supply data at 4:00 a.m. ET.