The Euro US Dollar (EUR/USD) exchange rate is edging northwards after trading flat across last week. The pair is +0.1% at US$1.1845.
News that Oxford University / AstraZeneca are restarting the covid vaccine trials again after a brief pause is lifting the mood in the market. Safe havens such as the US Dollar are out of favour, amid growing demand for riskier assets and currencies.
Eurozone industrial production is expected to show +10% growth mom in July vs +9.1% in June.
There is no high impacting US data today. Investors are waiting for the Federal Reserve monetary policy announcement on Wednesday.