EUR/USD Little Changed, German Manufacturing PMI Rises

EUR/USD is trading at 1.0795, down 0.0005. Markit's January manufacturing PMI (purchasing managers survey) for Germany rose to 56.4 from 55.6 in December. Germany's services and composite purchasing managers surveys are scheduled for release Friday at 3:55 a.m. ET. Trading is rangebound, chatter about sellers near 1.0890 and buyers near 1.0750 is showing up.