EUR/USD Trading Higher, Euro Area CPI Little Changed.

EUR/USD is trading at 1.0732, up 0.0026. The pair is trading just under the session highs. Eurostat reported that year over year core CPI ( consumer prices) in the Euro area rose 0.8 percent during October versus a 0.8 percent rise in September. On the month non-core CPI eased to a rise of 0.2 percent from 0.4 percent in September. The year over year Euro area CPI rose to 0.5 percent versus 0.4 percent in September.