The euro declined versus sterling and the yen on Tuesday on the news that the ZEW index of investor sentiment in German had dropped to 63.4 in March, down from 69.8 in February and against expectations of a rise to 71. The decline in sentiment was blamed on rising interest rates around the world.

The euro dropped 0.3 percent to £0.6879 versus sterling and lost 0.7 percent in relation to the yen, to ¥141.10.

Tags: Exchange Rates News, European Economy News //