Eur/usd - 1.3290 ... Eurozone retail sales fell by 0.6% m/m n 1.1% y/y respectively in February, weaker than the economists' expectation of a decrease of 0.1% m/m n 0.7% y/y. The single currency remained under pressure after early drop to 1.3282 as the Greek/German 10-year government bond spread hit a record high of 432 basis points. Offers by various accounts are tipped at 1.3310/20, 1.3340 n further out at 1.3370/75. On the downside, stops are now located below 1.3280, 1.3265 n 1.3250.
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