EUR/USD Little Changed, Euro Area Composite PMI Eases

EUR/USD is trading at 1.1209, up 0.0001. The pair is trading rangebound. Markit report that Euro area September Manufacturing PMI (purchasing managers survey) rose to 52.6 from 51.7 in August. The services PMI dipped to 52.1 from 52.8. The regions' composite PMI eased to 52.6 from 52.9. It was the lowest level since January of 2015. The service sector business activity increased at the slowest rate since the end of 2014. The manufacturing production expanded at the best level since December of last year.