In European trading, the euro rose against the US Dollar, trading above the 1.0470 mark.
The EUR/USD has been recovering in the European trading session, as peace talks between Russia and the U.S. over Ukraine become more probable. In Europe, Eurozone Yearly Q4 GDP data was published showing results in line with expectations (0,9%). In the US, Retail Sales figures for January (-0.2% expected) and Industrial Production data for January (0.3% exp) will be posted (13:30 GMT).