Key Highlights
• Euro moved lower against most major currencies surrounding all drama in the Euro area because of Greece situation.
• German and Euro area ZEW Economic sentiment will be released today, which is likely to impact the Euro pairs in the near term.
• Reserve bank of Australia released meeting minutes earlier today which caused swing moves in the Aussie dollar.

German ZEW Economic Sentiment
The Euro struggled during the past couple of hours against the US dollar and traded lower towards the 1.1300 support area. There was no major release lined up in the Euro area recently, but there is a critical event scheduled during the London session today. The German and Euro area ZEW Economic sentiment will be published. The forecast is of a gain in February 2015 from 48.4 to 55.0 for German ZEW Economic sentiment. The Euro ZEW Economic sentiment is also expected to register an increase from the last reading of 45.2 to 51.3.