NEW YORK (TheStreet) -- The euro ETF holds center stage again to see what steps will be taken to get Greece's debt crisis under control.
Investors should keep an eye on how all this plays out for the euro ETF as well as the earnings of key companies in the energy, steel and health care sectors.
CurrencyShares Euro (FXE)
The euro ETF will remain one to watch at least until the Greeks come up with a plan to get their debt under control. EU governments will check on Greece's progress in closing its budget gap on March 16.
Meanwhile, the Federal Reserve lifted the discount rate from 0.5% to 0.75% last Thursday in a step toward policy normalization. The change sent the U.S. dollar higher versus the euro and signals that interest rates may begin adding bullish support to the greenback. Investors will get their next update, when the Federal Reserve Open Market Committee meets on March 16.
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