EUR/USD Higher; Euro Area Consumer Confidence Slips, Business Confidence Edges Up

EUR/USD is trading at 1.0584, up 0.0025. The pair is trading just under the session highs. The European Commission reported that Euro area consumer confidence fell to negative 6.2 in February versus negative 4.8 in January. Euro area business confidence edged up to 0.82 during February versus 0.76 in January.