EUR/USD Trading Higher, German CPI Firms
EUR/USD is trading at 1.1098, up 0.0032. The pair is trading just under the session highs. Market talk about money flows and economic data has kept both buyers and sellers active. Germany's Federal Statistical Office reported that July CPI (Consumer Price Index) was 0.4 percent versus 0.3 percent a year ago. On the month CPI firmed to 0.3 percent, up from 0.1 percent in June. Germany's Harmonized Index of Consumer Prices (HICP) was 0.4 percent in July versus 0.1 percent in June. Year over year HICP rose to 0.4 percent versus 0.2 in June.