EUR/USD sits at 1.2885, effectively where it closed out Tuesday in North America Tuesday, with Asian trade seeing price action in the pairing confined to narrow 1.2876-1.2907 range.

No major euro zone economic data release scheduled for today.

European stocks set to open appreciably firmer.

Talk of buy orders down at 1.2830/50, including sovereign interest, with stops through 1.2820.