EUR/USD RISES ABOVE 1.0400 AHEAD OF EUROZONE HICP INFLATION DATA

EUR/USD is going up: The currency pair is trading around 1.0410 after falling for three days.
Weaker US Dollar helps: The US Dollar lost strength, helping EUR/USD rise.
Inflation data matched expectations: US inflation data (PCE) for January was as expected, reducing worries about sudden inflation increases.
Market focus on Eurozone data: Traders are now waiting for Eurozone inflation (HICP) data.