EUR/USD tilted lower in Asian trade off January 11 highs ahead of data from the euro zone and the US.
As of 05:23 GMT, EUR/USD fell 0.08% to 1.1286, with an intraday low at 1.1284, and a high at 1.1297.
Earlier Italian data showed the trade surplus receded to 3.47 billion euros from 3.84 billion.
Now investors await US data, with import prices expected down 0.1%, while the Empire State Manufacturing Index is expected up to 7.1.
US industrial production is expected up 0.1%, while the capacity utilization rate is estimated up to 78.8%.