US Mar 10 Redbook index (MoM) increase to 0.7%; 2.9% (YoY)

TD Securities analysts consider the EUR reaction to Cyprus important to track: “So far for EUR/USD, strong support near 1.2880/1.2900 provided a solid floor through yesterday’s session and the pair has since just consolidated in a narrow range”, wrote analysts Shaun Osborne and Greg Moore, pointing to significant support from a longer term perspective (200-day moving average and important trend support on the weekly chart) “which means a clear break could signal more sustainable losses”.