Daily outlook for EUR: UniCredit

Quotes from UniCredit Research:

-EUR: The expected increase in preliminary February PMIs for the euro area, Germany and France should provide some support to the euro this morning.

-Whether any gains will last should depend on how negotiations between Greece and its European creditors evolve.

-We think that the Greek request yesterday ticks a number of boxes for an agreement to be reached; if so, this should be positive for the euro.