EUR/USD at 1.3565, USD/JPY at 96.40 and GBP/USD at 1.5340 are all pretty much where North America left off Monday, with the Asian overnight trade having been very quiet indeed.
Risk sentiment remains in pretty good shape, Asian stocks making some nice overnight gains.
A few European economic data releases today;
08:00 GMT: Italian trade March expected 336.0 m
08:30 GMT: UK CPI April expected +0.4% m/m, +2.4% y/y core +1.6% y/y
08:30 GMT: UK RPI index April expected 211.6, RPI +0.2% m/m, -1.1% y/y
09: 00 GMT: German ZEW survey economic sentiment May expected 20
09:00 GMT: Euro zone ZEW survey economic sentiment May expected 18
09: 00 GMT: Euro zone construction output March
The ZEW data is likely to have the greatest potential to move the market.