Quotes from Western Union:
- The euro will have to fight its way through a storm of data, ECB policy meeting and any further developments Greece has to offer this week.
- Last Friday, Germany's flash inflation estimates were not as weak as expected. Initially the news was seen as a positive development, but upon further inspection the data on inflation figures seen last week revealed a growing dichotomy between Germany's economy and those peripheral economies.
- There have been rumors that have been denied that Piraeus Bank ran out of money. Stories such as these will continue to weigh on the single currency. China lowered interest rates over the weekend.


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