EUR review

Western Union notes:

The euro weakened to within a penny of recent late April lows against its U.S. peer, pressured by Greece's inability to win more aid money to keep afloat and news that area factory growth got marked down in May. 

The euro will continue to serve as a barometer of market confidence in Greece getting its fiscal house in some semblance of order. 

A risk facing EUR buyers would be if Greece should secure more rescue money to help it make good on its daunting financial obligations this month which would help erase much uncertainty that has weighed on the euro.