EUR/USD Trading Higher, French CPI Slips

EUR/USD is trading at 1.1098, up 0.0016. The pair is trading just under the session highs. Market talk about money flows and economic data has kept both buyers and sellers active. France's INSEE reported that second quarter gross domestic product (GDP) was flat versus a 0.7 percent rise in the first quarter. Year over year GDP improved to 1.4 percent from 1.3 percent. July CPI (Consumer Price Index) slipped to minus 0.4 percent versus 0.1 percent in June. Year over year CPI was flat at 0.2 percent. Household consumption in France declined by 0.8 percent in June. It was the 3rd straight month of a decline.