EUR/USD Lower

EUR/USD is trading at 1.0881, down 0.0086. The pair is trading rangebound after moving lower early this morning. Market talk about more U.S. data later in the week is making the rounds. A German Consumer confidence survey is due out early in the morning Wednesday. Market talk is just beginning about the ECB monthly report due out Wednesday morning. Lots of chatter about the G-7 Finance ministers meeting this week continues to keep trading choppy and active.