EUR/USD sits at 1.2380, effectively unchanged from North America’s close Friday, Asian trade confined to narrow 1.2369-1.2397 range.
Little in way of euro zone data today:
German CPI for June (prov) expected +0.1% m/m, +1.0% y/y
08:00 GMT: Euro zone M3 money supply for May expected flat (3m), +0.3% y/y
European stocks set to open firmer this morning.
Sell orders noted around 1.2400, more clustered up at 1.2450/70. Market will still have recent reports of 1.19-1.25 dnt in back of mind.