Euro futures traded lower today, giving back the gains from the previous session's six-week high. The downward price action was on heavy volume as the dollar gained strength after several sessions of weakness. Markets are focused on central bank activity, with the ECB announcement expected this week and the Fed announcement next week. The market is also awaiting US inflation data, including PPI tomorrow and CPI on Thursday. Other major FX futures markets are lower across the board, with Euro futures experiencing some of the heaviest selling pressure.