EUR/USD Little Changed, Italian Business and Consumer Confidence Slip

EUR/USD is trading at 1.1188, down 0.0005. The pair is trading rangebound early Monday morning. Market chatter about headline news has kept buyers and sellers active in a narrow range. Italy's ISTAT reported that August business confidence slipped to 101.1 from 102.9 in July and consumer confidence slipped to 109.2 from 111.2.