Data:

10:00 Eurozone Business climate indicator January -0.31 -0.25 -0.12

10:00 Eurozone Economic sentiment index January 93.3 93.8 93.4

13:00 Germany CPI, m/m (preliminary) January +0.7% -0.4% -0.4%

13:00 Germany CPI, y/y (preliminary) January +2.1% +2.0% +2.0%

The euro fell for the first time in six days against the dollar as European Union leaders prepared to meet in Brussels amid concern Greek bailout negotiations will hinder efforts to resolve the financial crisis.

The common currency slid for a third day versus the yen as Italy raised less than its maximum target at a bond sale after Fitch Ratings downgraded the nation last week.

EU leaders will meet in Brussels today to put the finishing touches on a German-led deficit-control treaty and endorse the statutes of a 500 billion-euro rescue fund to be set up this year.

EUR/USD: the pair decreased, showed session low slightly above $1,3100.

GBP/USD: the pair has fallen in $1,5650 area, but slightly restored later.

USD/JPY: the pair was limited Y76.60-Y76,75.

US data starts at 1330GMT with personal income data, which is expected to rise 0.4% in December, as payrolls jumped 200,000, the average workweek grew by 0.1 hours, and hourly earnings rose 0.2%. The weekly MNI Capital Goods Index is due at 1430GMT, followed at 1530GMT by the weekly MNI Retail Trade Index. Also at 1530GMT, the Dallas Fed Manufacturing Outlook Survey is due. Late US data ses quarterly borrowing requirements at 2000GMT.