EUR/USD consolidates as markets await key US data.
US Durable Goods Orders declined more than expected.
US GDP on Wednesday, German CPI inflation on Thursday.
EUR/USD remains strung along the middle near 1.0850 after Tuesday brought little to push the pair in either direction after US Durable Goods Orders declined further than forecast in January. Markets await the latest Gross Domestic Product (GDP) figures from the US on Wednesday.
German Retail Sales and Consumer Price Index (CPI) inflation is slated for Thursday, followed by the US Personal Consumption Expenditure Price Index (PCE) inflation print.
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