The EUR/USD pair is seen building on the previous day's goodish rebound from the 1.0815-1.0810 region and gaining some positive traction for the second straight day on Tuesday.
The EUR/USD pair trades lifeless around the 1.0850 level as market players extend the wait-and-see phase ahead of the release of relevant inflation-related figures and a slew of Federal Reserve (Fed) speakers.
Markets seem to have entered a consolidative theme ahead of key data releases on both sides of the ocean, while Fed speakers and ECB officials equally appear aligned behind the idea of cutting rates later than the majority of investors anticipate.
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.