Euro ricochets from one-month low vs. dollar

Euro bounced higher on Monday away from its lowest level since March 10, advancing for the first session in four against the dollar following earlier data from the U.S. and the euro zone. 

As of 04:45 GMT, EUR/USD last traded at 1.0605, up from the opening of 1.0598, with a session-high at 1.0609, and a one-month trough at 1.0570. 

Earlier data from the euro zone showed Italia's industrial production growing, while the Sentex Investor Confidence index rose past expectations in April. 

On the same note, earlier U.S. data showed a dip in the labor conditions index, while the payrolls report on Friday showed 98 thousand new jobs, as the unemployment rate fell to 4.5% in March.

Markets also await Fed Chair Janet Yellen's speech later today in the American session.