EUR/USD sits at 1.4813, slightly easier from a North American close Monday up around 1.4830. The move comes against the backdrop of a slight pick-up in general risk aversion. But when all said and done, there’s little real change in the major spots and crosses from the levels I left back on Friday.
EUR/USD seems ensconsed in well-trodden 1.4750-1.4900 range.
Little or nothing in the way of euro zone data today:
09:00 GMT: Euro zone PPI for March expected +0.7% m/m, +6.6% y/y