EUR/USD Lower, Euro Area PPI Improves

EUR/USD is trading at 1.0647, down 0.0014. The pair is trading just above the session lows. Market chatter about European headline news, the upcoming Italian referendum and U.S. payroll data due out today has kept buyers and sellers active. Eurostat reported that producer prices (PPI) fell 0.4 percent year over year in October improving from the 1.5 percent fall in September. On the month PPI rose 0.8 percent in October versus a 0.1 percent rise in September.