The EUR/USD currency pair dipped slightly on Thursday as trading volumes remain low. This comes after a lackluster performance from the US Dollar (USD) on Wednesday. Investors grew cautious, eyeing the upcoming German inflation data, or HICP figures. Notably, recent comments from European Central Bank (ECB) board member Isabel Schnabel hinted at a less dovish outlook, slightly boosting the Euro (EUR). As market participants wait for the release of these critical data points, the near-term outlook for the Euro remains cautious. Keep an eye on how these factors play out in impacting the exchange rate.