EUR/USD Moves Down

The EUR/USD has moved down a little after somewhat better-than-expected U.S. GDP data came out Friday morning. The pair is trading at 1.1220, up 0.0018. Trading has been range-bound. German CPI data was a bit higher than expectations and that supported the pair early on in the U.S. session. Chatter about the Michigan Sentiment index is now on the table. Some market talk about a meeting next week to solve Ukraine and Russia natural gas payment problems has surfaced.