EUR/USD struggles to retrace its recent losses registered in the previous session, trading near 1.0940 during the European session on Wednesday. The moderate German Unemployment data for December seems to have weighed on the Euro (EUR). The Unemployment Change showed that the number of unemployed people was reduced to 5K against the market consensus of 20K and 22K prior. However, the seasonally adjusted Unemployment Rate remained consistent at 5.9% as expected.