India, March 4 -- The euro was higher against its most major counterparts in the European session on Monday, as investors awaited cues from the U.K. Spring Budget, Fed Chair Jerome Powell's congressional testimony and the interest rate decision from the European Central Bank.
Powell testifies Tuesday and Wednesday before House and Senate committees, a semi-annual exercise.
Investors also await directional cues from this week's U.K. Spring Budget and the interest rate decision from the European Central Bank.
The European Central Bank is expected to freeze interest rates again amid a complex economic landscape.
In economic news, a survey showed the Eurozone Sentix Investor Confidence Index rose from -12.9 in February to -10.5 in March.
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