EUR/USD Little Higher

EUR/USD is trading at 1.0936, up 0.0038. The pair is trading near the highs of the session in a range-bound fashion. There is a lot of chatter about comments by various European officials regarding Greece. Italy's May Consumer Confidence surveys came out at 105.7 versus April's 108.0. The future outlook came out at 114.4 versus 118.3. Italy's May Manufacturing Moral came out at 103.5 versus 104.0 in April. The Business sentiment came out at 102.0 versus 102.1. The European Commission released overall Eurozone economic sentiment (ESI) for May and the data was essentially unchanged at 103.8 after April was revised higher. Consumer sentiment data inside the figures were lower while retailers data was higher. Economic sentiment for the EU, which includes countries not using the currency, was also unchanged at 106.4.