EUR/USD Little Lower Ahead of Data

EUR/USD is trading at 1.0729, down 0.0026. The pair is trading rangebound as overseas forex traders prepare to wind down trading for the day. Market chatter about European headline news and global money flows has kept buyers and sellers active. Chatter about European economic data due out Wednesday is just starting to make the rounds. France's INSEE is scheduled to release balance of trade data at 1:45 a.m. ET. Germany's Federal Statistical Office scheduled to release industrial production data at 2:00 a.m. ET.