EUR/USD finds thin gains on Monday, but technicals weigh heavy ahead of US inflation updates

• Final Euro inflation figures to be overshadowed by US CPI inflation print.
• Fed Chair Jerome Powell due to speak on Tuesday.
• US consumer inflation expectations rose again, complicating the path to rate cuts.

EUR/USD found slim upside on Monday, climbing from early bids near 1.0770 but bullish momentum remains limited with the pair struggling to break above the 1.0800 level.

German final Harmonized Index of Consumer Prices (HICP) inflation figures are due during the European market session, but the mid-tier final inflation print is unlikely to drive market volatility unless inflation numbers see late adjustments compared to the preliminary figures. European Gross Domestic Product (GDP) growth for the first quarter are slated for Wednesday, and markets are expected QoQ GDP growth to hold steady at 0.3%.