Like sterling, the euro enjoyed a decent start to the week against the dollar and made some pretty solid gains. It has climbed by almost a cent and a half against the greenback in the last month and you do have to wonder whether a more significant gain is just around the corner, or whether the greenback will retrace its recent positions.
Yesterday was quiet for the eurozone, but today is picks up and we will see the economic and industrial indices, as well as business confidence and consumer confidence for March. There has been rather a lot of data of late from the eurozone which has missed expectations and, although it is nothing to worry about, it will be interesting to see how these releases perform against expectations.