Euro pauses after solid week Posted 11 hours agoSharePrint The euro has posted slight gains in the Monday session. Currently, EUR/USD is trading at 1.1914, up 0.13% on the day. The euro has been on a steady decline since mid-February, but reversed directions and gained 1.19% last week, its best weekly performance since mid-December. If the upward trend continues, the euro could pressure the symbolic 1.20 line as early as this week. The eurozone has experienced another wave of Covid cases, leading to tighter lockdowns in Germany and France, the bloc’s two biggest economies. Still, there was positive news on Monday, as eurozone retail sales posted a solid gain of 3.0%, rebounding from a decline of -5.2% and easily exceeding the consensus of 1.0%. The data has given a slight lift to the euro.