The EUR/USD pair trades marginally higher on Monday, hovering around the 1.0850 level ahead of Wall Street’s opening. The market mood is in better shape amid the good performance of Asian shares led by the tech sector, although European indexes lack momentum and trade around their opening levels, leading to some modest gain in US futures.
A data-packed week starts in slow-motion on that front, as the United States (US) macroeconomic calendar will offer no figures, but there is a scheduled speech from Federal Reserve (Fed) Patrick Timothy Harker, President of the Federal Reserve Bank of Philadelphia. Earlier in the day, the Eurozone published March Sentix Investor Confidence, which improved to -10.5 from -12.9 in February.
A data-packed week starts in slow-motion on that front, as the United States (US) macroeconomic calendar will offer no figures, but there is a scheduled speech from Federal Reserve (Fed) Patrick Timothy Harker, President of the Federal Reserve Bank of Philadelphia. Earlier in the day, the Eurozone published March Sentix Investor Confidence, which improved to -10.5 from -12.9 in February.
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