EUR/USD Trading Higher, German Retail Sales Slip

EUR/USD is trading at 1.1109, up 0.0027. The pair is trading near the session highs. Market talk about global headline news and European bank stress tests has kept buyers and sellers active. Germany's Federal Statistical Office reported that year over year retail sales rose 2.7 percent in June versus a 2.8 percent rise in May. On the month June retail sales fell 0.1 percent versus a 0.7 percent rise in May. On Monday the Markit manufacturing purchasing managers surveys (PMI) are due out for Germany, France, Italy and the Euro area.