EUR/USD Higher, French CPI Edges Up

EUR/USD is trading at 1.1229, up 0.0010. The pair is trading rangebound and little higher on the day. Market talk about European economic data and headline news is making the rounds. France's INSEE reported that August CPI (Consumer Price Index) rose to 0.3 percent, versus minus 0.4 percent in July. Year over year CPI was 0.2 percent versus 0.2 percent in July. The Harmonized Index of Consumer Prices (HICP) was 0.3 percent in August versus minus 0.4 percent July. Year over year HICP was 0.4 percent versus the reading of 0.4 in July.