  The magnetic properties of Fe1.03Te under hydrostatic pressure up to p ~ 5.7
GPa were investigated by means of muon spin rotation, dc magnetization, and
neutron depolarization measurements. With increasing pressure the
antiferromagnetic ordering temperature TN decreases continuously from 70 K at
ambient pressure towards higher pressures. Surprisingly, the commensurate
antiferromagnetic order of FeTe enters a region of incommensurate and dynamical
magnetic order before at p ~ 1.7 GPa the system turns ferromagnetic. The
ferromagnetic ordering temperature TC increases with increasing pressure.
