EUR/USD Little Lower Ahead of Data

EUR/USD is trading at 1.1232, down 0.0007. The pair is trading in the middle of the session range. Market talk about European economic data and money flows has kept both buyers and sellers active. Chatter about European economic data due out Wednesday is starting to make the rounds. France's INSEE is scheduled to French release inflation data at 2:45 a.m. ET. Italy's ISTAT is scheduled to report Italian inflation data at 4:00 a.m. ET. Euro area industrial production is due out at 5:00 a.m. ET. Trading is rangebound.