Euro drops versus U.S. Dollar before inflation report

The 17-nation bloc currency depreciated versus the U.S. Dollar for the sixth session, the longest streak of losses in a year as investors awaited a report showing slower-than-expected April's inflation in the region. The Euro lost 0.2% to $1.2861 as of 8:13 a.m. London time following a fall to $1.2843 yesterday, the lowest level since April 4.