EUR/USD sits at 1.2718, effectively unchanged from where it closed out last week, with Asian trade seeing price action confined to a narrow 1.2681-1.2726 range.
Euro zone data today:
07:00 GMT: French manufacturing PMI for August expected 53.4 from 53.9; services PMI 60.5 from 61.1
07:30 GMT: German manufacturing PMI for August expected 60.5 from 61.2; services PMI 56.3 from 56.5
08:00 GMT: Euro zone manufacturing PMI for August expected 56.1 from 56.7; services PMI 55.4 from 55.8; composite 56.3 from 56.7
14:00 GMT: Euro zone consumer confidence for August expected -13 from -14
Talk buy orders 1.2680 and 1.2650/60 before stops below 50. Buy stops seen through 1.2740.