EUR/USD Edges Lower Ahead of Data

EUR/USD is trading at 1.0975, down 0.0011. The pair is choppy and a little above the session lows. Market talk about European economic data and the U.S. Federal Reserve policy statement is making the rounds. Thursday morning Germany's Federal Statistical Office is scheduled to release unemployment data at 3:55 a.m. ET and inflation figures (CPI) at 8:00 a.m. ET. Italy's ISTAT is scheduled to release Italian wage data at 4:00 a.m. ET. The European Commission's Euro area consumer and business confidence surveys are due out at 5:00 a.m. ET.