• More evidence of a nascent recovery taking shape in the 19-country economy supported the euro which hit $1.10 against the greenback. The euro zone's broadly weighted composite PMI, which takes into account both services and manufacturing activity, topped forecasts with a 54.1 reading in March, marking the fastest growth since May 2011. 
  
  
• Expectations called for a print of 53.6 from a 53.3 reading in February. The euro has also found support recently in reports of constructive debt talks between Greece and Germany, and receding bullishness for the greenback in the wake of the Fed last week. 
  
  
• Next on the euro's plate is Germany's influential Ifo business confidence index on Wednesday that's forecast to show improvement.