The euro remained steady this morning, seemingly unchanged by the Spanish general election, in which the greatest share of votes went to the centre-left PSOE party, who will now need to form a coalition.

Monetary data for the Eurozone as well as Business Confidence figures are due to be released later today, which could have an impact on the euro. Private-sector credit growth is expected to have stayed at 3.3% in March, unchanged from February.

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