EUR/USD Gains Erode, French CPI Flat

EUR/USD is trading at 1.0775, up 0.0030. The pair is trading choppy and some of the early session gains have eroded. Market chatter about global money flows and headline news is making the rounds. France's INSEE reported that year over year October CPI (Consumer Price Index) was 0.4 percent, the same as in September. On the month French CPI was flat versus a negative reading of 0.2 percent in September. The Harmonized Index of Consumer Prices (HICP) was flat versus a negative reading of 0.2 percent in September. Year over year October HICP rose 0.5 percent the same as September.