EUR/USD down at 1.3585 from a North American close Monday up around 1.3620. The situation in PIIGS and concerns surrounding further Chinese monetary tightening continue to weigh on the pairing.

Euro zone data due today:

07:00 GMT: GfK German consumer climate expected 5.1 from 4.9

07:00 GMT: German Q3 GDP (final) expected +0.7% q/q, +3.9% y/y

07:45 GMT: French business confidence indicator for November expected unchanged at 102; French own company production outlook and French production outlook indicator

08:00 GMT: French manufacturing PMI for November expected unchanged at 55.20; services PMI expected 55.00 from 54.80

08:30 GMT: German manufacturing PMI for November expected 57.00 from 56.60; services PMI expected 55.90 from 56.00

08;30 GMT: Italian consumer confidence index

09:00 GMT: Euro zone manufacturing PMI for November expected54.40 from 54.60; services PMI expected 53.20 from 53.30.

Buy orders now seen clustered down at 1.3545/50 stops below there before more buy orders at 1.3500/10.