In European trading, the euro fell against the US Dollar, trading below the 1.0380 mark.
The EUR/USD has been trading in a downward trend in the European session, following ECB’s latest interest rate cut and the FED keeping interest rates at the same level. In Europe, Year on year German CPI Inflation data (2.6% expected) will be posted (13:00 GMT). In the US, Core PCE Price Index figures for December (2.8% exp) will be posted (13:30 GMT).