At 5:00 am ET Monday, the European Commission is slated to release economic confidence survey data. The Eurozone economic confidence index is expected to rise to 103 in March from 102.1 in February. The business sentiment index is seen at 0.18 versus 0.07 a month ago.

Ahead of the data, the euro came off from early lows against its major rivals.

The euro was worth 1.0861 against the greenback, 1.0472 against the franc, 130.01 against the yen and 0.7317 against the pound as of 4:55 am ET.

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