The Euro (EUR) dipped sharply in Europe on Greek Debt restructuring fears with the talk of a 50% haircut spooking investors. The market found support on denials of such a plan and reclaimed the 1.4500 level in the US session. Overall the EUR/USD traded with a low of 1.4364 and a high of 1.4516 before closing the day around 1.4490 in the New York session. Looking ahead, March Inflation forecast at 1.3% vs. 0.4% previously.
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