In Asian trading, the euro was lower against the US Dollar, trading below the 1.0400 mark.
The EUR/USD edged lower after yesterday’s rate cut from the ECB, as expectations of further cuts weigh on the pair, while traders await the next move from the US administration on whether proposed tariffs will go ahead. 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).