imagesThe first days of April brought a more stable Euro, with reported gains against the majority of its main rivals in the start of the second quarter of 2015. The low expectations of growth and inflation outside the Eurozone contributed greatly. Euro rose 2.25% against the Australian dollar, and 0.73% against its main counterpart, United States dollar. With the Federal Reserve and the Reserve Bank of Australia decision not to make any strong moves on the market, the investors are cautious. A notable rise in volatility has been recorded in the recent days, due to the disappointing jobs data in United States, and increasing concern about the possibility of the upcoming bankruptcy of Greece. Euro fluctuated against the dollar, going from under $1.075 to over $1.1 last week.

April 20th is said to be the date when Athens could run out of money, with payments of 538 million Euros to the European Central Bank and the International Monetary Fund due. Unconfirmed reports stating that bankruptcy will be averted by lending money from local governments, but the concern is still high. If Greece manages to come up with some kind of temporary solution for the money issues, the Euro to U.S. dollar rate could instantly go back to the economic data comparison of the Eurozone and the United States. The Eurozone’s Citi Economic Surprise Index inclined from +52.1 in the beginning of the last week, to +63 in the last days of it.  The United States labor market readings, due on Friday could affect further closing of the gap between Eurozone and U.S, as Eurozone is making the best progress in the last couple of years.