EUR review: Western Union
Monday, March 16, 2015 2:56 PM UTC
- A German ZEW index on Tuesday March 17th will be an important marker for the euro. A rise in German investor morale is expected, and this could support the euro.
- However, the week ahead starts today with an EU meeting to discuss developments in Greece and the crisis in Ukraine. Sanctions by the EU on Russia continue to hurt European growth prospects.
- As the European Central Bank embarks on QE to boost euro zone growth, the euro last week tumbled to new multi-year lows against the US dollar and pound.