We come into the mid-week with the US Dollar relenting after extending its recent run on a broad basis, as per the US Dollar Index. Tuesday economic data didn't factor all that much into price action, though we did see the Euro manage to do a better job handling selling pressure from Italian political uncertainty.
5 Day Performance vs. US dollar
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Editors’ Picks
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Key events in developed markets next week
Next week, the main focus will be inflation and the labour market in the Eurozone. We expect services inflation to be impacted by the easter effect, while the unemployment rate to be unchanged.