EUR/USD: Little Change In Mood After Chicago Fed Data

EUR/USD has adopted a slightly firmer tone, touching a New York session high of 1.3154 after soft Chicago Fed data (-0.74), but with little change in sentiment. The dollar has been trading with a soft tone in recent sessions, with economic reports registering a slowing US economy, and traders initial response to this data snap is "same old, same old". The big news will be CPI and core CPI tomorrow, and most US based accounts are keeping their powder dry for that.