Eurostoxx 50 Index adds 0.3%, while the German DAX index edges 0.1% up and the French CAC, 0.2% higher. In the UK, the FTSE Index ads 0.2% two hours after the opening bell.
In absence of key macroeconomic date in the Euro Area, the technology sector is leading gains on Monday with Alcatel-Lucent and Nokia surging beyond 2% each after Goldman Sachs Group upgraded their ratings to "buy" from "neutral"
Dollar, steady at higher levels
EUR/USD retreat from 1.4220/40 highs last week extended on early Asian session to fresh 6-day lows at 1.4020, where the pair found support to attempt recovery although, so far, upside moves remain capped below 1.4070/85.
USD/JPY breakout from last week range 80.70/81.30 continued on Monday, with the pair bouncing at 81.30, which acted at support on early Asian session, to reach fresh one-week highs at 81.85.
GBP/USD retreat from multi-month high at 1.6400 extended below 1.6000 psychological level on early European session to hit a fresh 8-week low at 1.5935.