Sits at 1.4422, marginally easier from a North American close Monday up around 1.4440. We remain ensconsed in well-defined 1.40-1.45 range.
Focus today will be predominately on Sarkozy/Merkel conflab.
Euro zone data due:
06:00 GMT: German Q2 (prov) GDP expected +0.5% q/q
09:00 GMT: Euro zone Q2 GDP expected +0.3% q/q
09:00 GMT: Euro zone trade balance expected 1.1 bln
Overnight Sean mentioned trailing sell stops below 1.4400, corporate sell orders starting at 1.4450.
