No change in EUR/USD overnight in Asia, presently at 1.2270.
Raft of euro zone data today:
06:00 GMT: German GfK consumer confidence survey for July expected down at 3.3 from previous 3.5
06:45 GMT: French business confidence for June expected unchanged at 96; French production outlook indicator expected -4; French own company production outlook
07:00 GMT: French services PMI for June expected down at 60.5 from 61.4; manufacturing PMI expected down at 55.1 from 55.8
07:30 GMT: Italian consumer confidence for June expected down at 105.1 from 105.4
07:30 GMT: German services PMI for June expected down at 54.7 from 54.8; manufacturing PMI expected down at 58.0 from 58.4
08:00 GMT: Euro zone services PMI for June expected down at 55.9 from 56.2; manufacturing PMI expected down at 55.3 from 55.8; composite PMI expected down at 55.8 from 56.4
Stops seen through 1.2240 on downside, through 1.2320 on topside.
European stocks look set to open lower.