Euro bounces higher against dollar

Euro rose against the dollar in American trade away from early March lows for the second session, following earlier data from the euro zone, and amid a lack thereof from the US. 

As of 04:01 GMT, EUR/USD rose 0.31% to 1.2319 from the opening of 1.2279, with an intraday low at 1.2261, and an April 3 high at 1.2330. 

Earlier German data showed the trade surplus shrank to 19.2 billion euros from 21.5 billion in January, missing expectations of 23.1 billion, while the Sentix Investor Confidence survey for the whole zone slowed down as well to 19.6 from 24 in March, missing expectations of 21.2. 

Otherwise, European Central Bank President Mario Draghi expressed in earlier remarks his confidence in economic recovery and inflation in the euro zone as uncertainty diminishes, while noting that recent drops in the stock market didn't impact financial markets that much.