Euro currency news bloomberg
fresh low.1288. If not, it is either a hard Brexit on April 12th or perhaps a long delay that could also entail new leadership, new elections, or a second referendum. EUR/USD traded near.1450 late on Wednesday after the dovish. The can was kicked down the road. The composite stands.7. The Relative Strength Index has turned down but stays away from oversold conditions for now. Services PMI stood.9 points, only marginally above projections.
The sharp move pierced the 50 and 200 Simple Moving Averages. The Special Counsel may publish his conclusions as early as today according to speculation in Washington. The euro was hardly cheered by the ". 1.1310 was a high point in early March. These data are for March and are forward-looking. Brextension." European Union leaders decided to postpone Brexit to at least April 12th, adding two more weeks of relief. If the UK Parliament finally approves the Withdrawal Agreement, the UK will leave on May 22nd in an orderly fashion. French data was weak as well with both sectors having PMIs below. German 10-year bond yields fell to 0 for the first time since 2016. Markit's German Manufacturing Purchasing Managers' Index crashed.7, well below the 50-point threshold that separates contraction from expansion and significantly below 48 expected.
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