EUR/USD Trading Lower, Euro Area Composite PMI Improves

EUR/USD is trading at 1.0614, down 0.0018. The pair is trading just above the session lows. Trading is moderately choppy. Chatter about European headline news and U.S. economic data due out later today is making the rounds. Euro Area manufacturing PMI (purchasing managers survey) for November edged up 53.7 from 53.5 in October, the services PMI rose to 54.1 from 52.8 and the Euro area composite PMI improved to 54.1 from 53.3.