EUR/USD Trading Lower, Italy CPI Little Changed

EUR/USD is trading at 1.1142, down 0.0042. The pair is trading just above the session lows. Market talk about European headline news and money flows has kept both buyers and sellers active. Italy's ISTAT reported that year over year July CPI (Consumer Price Index) was minus 0.1 percent from minus 0.4 percent in June. On the month CPI was 0.2 percent versus 0.1 percent. The Harmonized Index of Consumer Prices (HICP) fell to minus 1.9 percent versus 0.2 percent in June. Year over year HICP improved was minus 0.2 percent versus minus 0.2 percent in June.