EUR/USD Extends Gains, Trade Surplus Rises

EUR/USD is trading at 1.1291, up 0.0110. The pair is trading at session highs. Market talk about money flows and global central bank monetary policy is constant. Eurostat reported the Euro area trade surplus increased 14.9 percent year over year to 29.2 billion € in June. Exports fell 2.2 percent and imports declined 5 percent. It was the biggest trade surplus since July last year.