• The euro edged above 12-year lows as the dollar's rally hit the brakes in the run up to Wednesday's Fed decision. The euro also found a mild positive from signs of improved confidence among German investors. 
  
  
• The nation's influential ZEW survey of investor optimism brightened to a 13-month high of 54.8 for March from 53.0 in Feb. Though better, the reading was below forecasts of 58.2 with ongoing worries about turmoil in Greece and Ukraine cited as holding back confidence. 
  
  
• EUR buyers continued to enjoy a very favorable market with the euro down 25 percent since last May and 12 percent weaker since the start of the year. Customers can secure these gains and bolster profitability with forwards and options.