EUR/USD Little Lower, French Retail Sales Slow

EUR/USD is trading at 1.1197, down 0.0020. The pair is trading rangebound just above session lows. Market talk about global headline news and U.S. economic data due out today is making the rounds. Eurostat reported that year over year Euro area retail sales rose 1.6 percent in June versus a 1.6 percent rise in May. On the month Euro area June retail sales were flat versus a rise of 0.4 percent in May. French retail sales fell 0.4 percent in June versus a rise of 0.1 percent in May. Year over year French retail sales slowed in June to a rise of 1.2 percent versus a rise of 2.7 percent in May.