Darrell Jobman, Editor-in-Chief, TraderPlanet.com


The dollar strengthened to 1.2730 against the Euro following the Swiss interest rate decision, but was unable to sustain the gains and weakened back to 1.29 in New York as high volatility on the crosses spilled over into choppy moves against the Euro.

The US retail sales data was stronger than expected with a 0.1% headline decline for February as auto sales continued to fall while there was a 0.7% underlying increase.

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