In European trading, the euro rose against the US Dollar, trading above the 1.0890 mark.
The EUR/USD currency climbed higher in the European session, as it is now almost certain that a new German government will form which will introduce a new big fiscal spending and investing bill. In Europe, German Bundesbank member Mauderer will speak (12:15 GMT). In the US, Retail Sales data for February (0.7 exp) will be released (12:30 GMT).