EUR/USD Little Changed, German Trade Surplus Rises

EUR/USD is trading at 1.1090, up 0.0005. The pair is trading just under the session high of a narrow overnight session. Market talk about global headline news and money flows is making the rounds. Germany's Federal Statistical Office reported a 24.9 billion EUR trade surplus in June versus the 21.0 billion EUR surplus reported in May. Insee is scheduled to report French Industrial production Wednesday at 2:45 a.m. ET and inflation data Thursday. Trading is rangebound.