The Euro is trading higher against the U.S. Dollar on Monday after failing to garner enough sellers to sustain the sell-off from Friday. The price action suggests the move may have been overdone to the downside. We could also be looking at early position-squaring ahead of the Fed’s monetary policy decision on Wednesday. At 11:52 GMT, the EUR/USD is trading 1.1072, up 0.0012 or +0.11%. Earlier today, German Trade Balance came in at 20.6 Billion, better than the 19.0 Billion forecast. Sentix Investor Confidence rose 0.7, higher than the -5.4 estimate. There are no major reports from the U.S. today. The main trend is up ... (full story)