EUR/USD keeps navigating the area of weekly lows around the 1.1400 handle amidst generalized low volatility in the global markets. EUR/USD supported near 1.1380/70 The pair exchanges advances and pullbacks on Thursday, although it appears well supported in the 1.1380/70 band while gains are so far struggling to move further north of the 1.1410 zone. In the US data space, Initial Claims rose at a weekly 213K and the more relevant Philly Fed manufacturing index came in on a strong note at 17.0 for the current month, almost doubling forecasts and December’s 9.1 reading. Earlier in the session, EMU’s final December CPI came in flat inter-month (from -0.2% preliminary) and rose at an annualized 1.6%, in line with previous prints. EUR continues to struggle for direction today amidst a globalized absence of volatility, while the recent dovish message from ECB’s Draghi appears to be also weighing on investors’ mood. Moving forward, the ongoing slowdown in the euro area and upcoming events including discussions around the French budget, Brexit and EU Parliamentary elections in May should keep occasional bullish attempts well contained.