The Euro (EUR) the Euro reversal continued with new month lows back to 1.4200. General USD strength and ongoing concern about Greece the main catalyst but traders are cautious to call a new downtrend. Overall the EUR/USD traded with a low of 1.4171 and a high of 1.4425 before closing the day around 1.4205 in the New York session. Looking ahead, March Industrial Production is forecast at 0.3% vs. 0.4% previously.
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