EUR/USD little changed

EUR/USD is trading at 1.1121, down 0.0025. The pair is trading choppy Wednesday morning. The ECB will announce any changes to monetary policy today at 07:45 AM ET and will have a press conference beginning at 08:30 AM ET. Germany PMI Services came out at 53.0 versus 52.9. Eurozone PMI composite came out at 53.6 versus 53.4. The Service data came out at 53.8 versus 53.3. Eurozone retail sales month over month were up 0.7 % versus down 0.6 %. Year over year the data was up 2.2 % versus up 1.7 %. Euro-Zone GPD data is set for release early Friday morning. Chatter is making the rounds about OECD global growth forecasts.