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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 dep…

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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.

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