Yahoo Finance

“Another risk for the euro in the next few weeks is the prospect of higher deficits that may come out of an incomplete peace Treaty.” If the European Commission allows member states to use national escape clauses to circumvent the euro-area’s fiscal rules to order to increase defense spending, sovereign spreads may rise and the euro could fall on the higher risk premium. 0854 ET – The euro is considered undervalued by the most investors in nearly two years, Bank of America’s global fund manager survey for February shows.