EUR/USD Lower Ahead of Data

EUR/USD is trading at 1.1145, down 0.0045. The pair is trading choppy as European forex traders wind down trading for the day. Market chatter about European economic data due out Wednesday is making the rounds. Germany's Federal Statistical Office is scheduled to release retail sales data at 2:00 a.m. ET and unemployment payroll data at 3:55 a.m. ET. France's INSEE is scheduled to release CPI (Consumer Price Index), Household consumption and PPI (Producer Prices ) at 2:45 a.m. ET. Italy's ISTAT is scheduled to report unemployment data at 4:00 a.m. ET, inflation data at 5:00 a.m. ET and wage data at 6:00 a.m. ET. Eurostat is scheduled to release euro area unemployment and inflation at 5:00 a.m. ET.