EURUSD: EURUSD strategy today

The EUR/USD pair remains on the defensive during the early Asian trading session on Thursday. The backdrop of a stronger greenback and higher US Treasury yields exerted some selling pressure on the major pair. At the time of writing, EUR/USD is trading at 1.0922, up 0.01% on the day. On Wednesday, Germany's unemployment rate remained steady at 5.9%, according to estimates. Unemployment change shows the number of unemployed increased by 5k compared to the market consensus of 20k and at 21k previously. Investors are awaiting Friday's Eurozone inflation report for fresh impetus. The annual Harmonized Consumer Price Index (HICP) in December is forecast to rebound to 3.0% from 2.4%.