EUR/USD Moves Lower

EUR/USD is trading at 1.1307, down 0.0031. The pair trading near the lows of the session erasing most of the overnight gains.

Germany's Factory orders came out overnight at up 1.9 percent versus down 1.3 percent on the previous report. German Construction PMI came out at 51 versus 53.3. Chatter is non-stop about U.S. economic data due today and unemployment on Friday.