EUR/USD Lower Ahead of Data

EUR/USD is trading at 1.1252, down 0.0049. The pair's losses have accelerated as overseas traders wind down forex trading for the day. Market chatter about European headline news and economic data is starting to show up. INSEE is scheduled to release French Jobseekers data at 12:00 p.m. ET. and business confidence Thursday at 2:45 a.m. ET. The IFO Institute's German Business climate survey is due out at 4:00 a.m. ET.