EUR review: Western Union

Quotes from Western Union:

- The euro steadied as markets waited on word from Europe over whether Greece's reform list was enough to secure a four-month extension of its bailout program. 

- Meaningful upside for the euro should remain a challenge given that Greece's stopgap debt measure only puts a momentary lid on the nation's debt woes. Fears of a Greek exit and bankruptcy could flare anew in the months ahead, which could cap interest in the euro. 

- Numbers from Europe today went unrevised, having little if any impact on the euro. German growth was confirmed at a solid 0.7% last quarter while euro zone inflation was affirmed at a record matching low of -0.6% in January. 

- The euro continues to hold around the most affordable levels in more than a decade for U.S. importers, lower costs that they can preserve with forward contracts.