EUR/USD Trading Lower, German CPI, Edges Up

EUR/USD is trading at 1.1202, down 0.0020. The pair is just above session lows, chatter about global headline news is making the rounds. Germany's Federal Statistical Office reported that year over year CPI (Consumer Price Index) in September was 0.7 percent after a reading of 0.4 percent in August. On the month September CPI edged up 0.1 percent versus no change in August. Germany's Harmonized Index of Consumer Prices (HICP) was flat versus a decline of 0.1 percent in August. Year over year HICP rose 0.5 percent versus a reading of 0.3 percent in August.