The single currency registers minimal losses against the Greenback on Tuesday as traders and market participants prepare for the release of the US Consumer Price Index (CPI) on Wednesday, which could set the path for the future of US monetary policy. The EUR/USD trades at 1.1541, staying below the 100-day Simple Moving Average (SMA) of 1.1567. On Thursday, the US Producer Price Index (PPI), along with the Consumer Price Index (CPI) data, could dictate the Federal Reserve’s forward path regarding interest rates. In a video with Wired, Chicago Fed President Goolsbee said the main economic issue is inflation, not industry or jobs. In Europe, the docket was absent, yet on Wednesday, traders will eye Germany’s Harmonised Index of Consumer Prices (HICP) for July.