Euro bulls are marching forward in a Holiday-shortened week for European markets.

The EUR/USD pair traded higher in the early hours of Tuesday’s session. Market participants aimed to extend the Monday gains in the euro as the old continent’s currency kicked into April with a 1% rise against the greenback. The Monday rally is now taking a breather as the rate is steady near $1.0920.
European markets are looking into a Holiday-shortened week, with Good Friday giving traders a needed reprieve amid a sea of volatility throughout the first quarter. During the last trimester, the EUR/USD advanced just over 2% as the US dealt with a banking crisis, but logged cooling inflation.
In other corners of the forex market, the euro gained traction against most major peers. The EUR/AUD and the EUR/CAD pairs were looking up early on Tuesday, after lackluster trading on Monday. The dollar fell against the Swiss franc, but rose moderately against the Japanese yen.