EUR/USD Little Changed, Euro Area Manufacturing PMI Edges Up

EUR/USD is trading at 1.0795, down 0.0005. Market chatter about headline news and comments by global policy makers is making the rounds. Markit's Euro area January manufacturing PMI (purchasing managers survey) rose to 55.2 from 54.9 in December. Eurostat is scheduled to release Euro area producer prices (PPI) Thursday at 5:00 a.m. ET.