Currency Note Euro

No change for the Euro, still under pressure

By Ricky Bean March 10th, 2015

The euro struggled on Monday, slumping to near eleven-and-a-half year lows against the dollar as the proposed Greek economic reforms talks got underway in Brussels. The single currency remained under pressure all day as the Eurozone finance ministers held talks to discuss a reform package put forward by Greece as part of its bailout agreement. This is likely to be the focal point of all euro currency movements this week, and the market will be keeping a keen eye on the fallout from this.

Earlier this morning we will see industrial data from both France and Italy which are expected to highlight both economies bumping along the bottom.