Presently at 1.4300, down from a North American close Wednesday up around 1.4350. The move comes with Bernanke having dashed hopes for an early introduction of QE3.
Euro zone data due today:
07:00 GMT: French manufacturing PMI for June (prelim) expected 54.0 from previous 54.9; services 60.5 from 62.5
07:30 GMT: German manufacturing PMI for June (prelim) expected 57.0 from previous 57.7; services 55.7 from 56.1
08:00 GMT: Euro zone manufacturing PMI for June (prelim) expected 53.8 from previous 54.6; services 55.3 from 56.0; composite 55.2 from 55.8
08:00 GMT: Italian consumer confidence index for June expected 105.3 from previous 106.5
12:00 GMT: EU mid year summit in Brussels
Sell stops next through 1.4280.
