EUR/USD sits at 1.4300, very marginally easier from around 1.4325 where it closed out last week in North America.

The Asian session was pretty active with the EUR/USD pairing coming under fairly heavy pressure, not helped by decent selling of the JPY crosses. However Asian sovereign buying was reported around the 1.4258 session low, lending support.

Euro zone data due today:

08:50 GMT: French PMI manufacturing for December (final) expected 54.4

08:55 GMT: German PMI manufacturing for December (final) expected 53.1

09:00 GMT: Euro zone PMI manufacturing for December (final) expected 51.6

09:30 GMT: Euro zone sentix investor confidence for December expected -3.5 from -5.5

10:00 GMT: Italian CPI for December expected +0.10 m/m

European stocks look set to open a little mixed.