EUR/USD has given up a little ground in Asian trade, presently at 1.3363 from a North American close Friday up around 1.3385.

Weekend reports that Germany will demand strict new austerity measures for Greece before any aid package is approved haven’t helped euro’s cause.

Elsewhere Harvard Prof Rogoff has opined that Greece probably won’t be last IMF bailout in Europe, with Ireland, Spain and Portugal “conspicuously vulnerable.”

No notable euro zone data scheduled for release today.

On Friday China helped cap the EUR/USD rally, selling the pairing up at 1.3390/00.

Talk of buy stops gathering up in 1.3405/10 area.