EUR/USD Moves Up, Zew Surveys Rise

EUR/USD is trading at 1.1272, up 0.0090. The pair is very choppy and trading at the highs of the session. Market talk about European economic data, money flows and headline news is making the rounds. The Centre for European Economic Research (ZEW) sentiment surveys were released this morning. The Euro area economic sentiment index for August rose to 4.6 versus minus 14.7 in July. Germany's Economic sentiment rose to 0.5 percent versus minus 6.8 in July. The current conditions in Germany rose to 57.6 versus 49.8