EUR/USD Trading Higher, Italian Retail Sales Slip

EUR/USD is trading at 1.1246, up 0.0023. The pair is trading just under the session highs. Market talk about money flows and global headline news has kept both buyers and sellers active. Italy's ISTAT reported that July retail sales fell 0.3 percent versus June's 0.3 percent rise. Year over year July retail sales in Italy were down 0.2 percent versus a 0.8 percent rise in June.