Euro-zone April current account deficit (s.a) has come in at -5.9 bln euros compared to a deficit of -7.0 bln in March.

Elsewhere Italian April retail sales fell -0.4% m/m, weaker than the median forecast of flat.

EUR/USD has settled back having earlier hit a session high 1.4138, presently at 1.4110.

The EUR/GBP cross has seen some decent sell interest today, down at .8515 from an early .8555, and this will be helping cap EUR/USD somewhat.