EUR/USD Little Higher, French CPI Little Changed

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EUR/USD is trading at 1.0911, up 0.0014. The pair is trading range bound and in the middle of a narrow overnight range. Market chatter about global money flows and U.S. economic data due out later this morning is making the rounds. France's INSEE reported that year over year October CPI (Consumer Price Index) rose 0.4 percent, unchanged from September. On the month CPI was flat after a fall in September of 0.2 percent. The Harmonized Index of Consumer Prices (HICP) fell 0.2 percent in October versus a 0.2 percent fall in September. Year over year HICP was unchanged at 0.5 percent. The agency reported that French producer prices (PPI) rose 0.1 percent on the month in September versus a flat reading in August.
Posted In: FuturesForexMarketsEUR/USDeuro
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