EUR/USD up at 1.4400 from a North American close Friday down around 1.4375, the marginal improvement coming against the backdrop of generally improved risk appetite as the Democrats and Republicans agree on a deal to raise the budget ceiling.
Euro zone economic data due this morning:
07:45 GMT: Italian manufacturing PMI for July expected 49.0 from previous 49.9
07:50 GMT: French manufacturing PMI for July (final) expected 50.1
07:55 GMT: German manufacturing PMI for July (final) expected 52.1
08:00 GMT: Euro zone manufacturing PMI for July (final) expected 50.4
08:00 GMT: Italian unemployment for June
09:00 GMT: Euro zone unemployment rate for June expected unchanged 9.9%
European stocks seen opening firmer, DAX 30 and CAC 40 both up around 1.1%.
Buy orders seen clustered down around 1.4340/50, trailing sell stops through 1.4330.
