The euro looks hesitant this morning, while gaining against the Aussie it is mostly flat across the rest of the majors. We see the EUR/USD just 50 pips off last week’s lows – currently at 1.3750. The currency pair has traded in the range of 1.3744-1.3763 so far this morning ahead of European open. The euro awaits EZ CPI estimates later today, a reading that is expected to show that inflation eased in March.