EUR/USD down slightly in sluggish Asian trade, presently at 1.2602 from North American close Friday up around 1.2645. Worries surrounding European banks never far from the surface.
Euro zone data releases as usual for a Monday almost non-existent:
06;45 GMT: French c/a for May
European stocks expected to open marginally firmner this morning.
Talk of sell stops down around 1.2580. Sell orders seen 1.2640/50. Probably limited stops just above there before more sell orders at 1.2680 through 1.2700.
