Sits down at 1.4074 having been as low as 1.4062 so far.
Euro zone concerns remain to the fore. General risk aversion has picked up as well; Asian stocks, oil, US treasury yields etc all lower.
Euro zone data due today:
07:00 GMT: French manufacturing PMI for May expected 57.0 from 57.5, services 62.1 from 62.9
07:30 GMT: German manufacturing PMI for May expected 61.0 from 62.0; services 57.0 from 56.8
08:00 GMT: Euro zone manufacturing PMI for May expected 57.5 from 58.0; services 56.5 from 56.7; composite 57.3 from 57.8
08:00 GMT: Italian consumer confidence for May expected 104 from 103.7
08:50 GMT: ECB’s Tumpel-Gugerell speaks on European economy
09:30 GMT: ECB’s Ordonez speaks on European economy