Switzerland Producer and Import Prices (MoM) registered at -0.4%, below expectations (0.2%) in December

The EUR/USD pair failed another attempt to 1.09 handle in mid-Asia and since then, keeping moving lower amid better risk conditions. The major breached the key hourly 200-SMA support located at 1.0878 in last hours following the release of dismal final German CPI figures and keeps lows near 1.0870 region ahead of a series of economic data from the Euro land. Next on tap is the German ZEW economic sentiment for January to be published at 10.00GMT.