Western Union quotes as follows:
A weaker euro held two cents below Thursday's three-week peak above $1.10. That level has proven frustrating for the euro bull as it often brings out the bears, enticing them to sell the single currency at savory levels.
Bearish factors for the euro have receded some in recent weeks thanks to broadening signs of recovery in Germany, the bloc's biggest and most important economy. Still, meaningful gains for the euro seem off the table for the foreseeable future given that the ECB's big bond buying QE progress is only in the early innings of what could prove a long ballgame.
Come next week, March 31 looms large for the euro when the bloc issues fresh figures on inflation and unemployment.
