EUR/USD Little Changed, Italian Unemployment Improves

EUR/USD is trading at 1.1145, down 0.0003. The pair is rangebound on both sides of unchanged Italy's ISTAT reported that Italian unemployment improved to 11.4 percent in July from 11.6 percent in June. The agency reported that year over year August CPI (Consumer Price Index) was minus 0.1 percent versus minus 0.1 percent in July. On the month CPI was 0.2 percent versus 0.2 percent. The Harmonized Index of Consumer Prices (HICP) was flat versus minus 1.9 percent in July. Year over year HICP was flat in August versus minus 0.2 percent in July.