EUR/USD Little Higher, German Consumer Sentiment Steady

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EUR/USD is trading at 1.0997, up 0.0009. The pair is trading rangebound. Market chatter about money flows and economic data is making the rounds. GfK's German consumer climate survey for August was steady at 10.0 versus 10.1 in July. Germany's Federal Statistical Office reported that import prices fell 4.6 percent year over year in June versus a 5.5 percent decline in May. On the month import prices rose 0.5 percent versus a 0.9 percent rise in May. The European Central Bank is scheduled to release Money Supply and Loan Growth at 4:00 a.m. ET.

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