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US Data In Focus As Greenback Moderately Strengthens

  • The USD is generally firmer, but remains within the March downtrend channel drawn off the March 8th high. Data releases pick up into the US crossover, with February PCE, personal income & spending, the final UMich sentiment reading as well as the March MNI Chicago Business Barometer. Markets look for the PMI to deteriorate slightly to 43.0 from 43.6.
  • A number of central bank speakers are also on the docket, with ECB's Lagarde & Vujcic as well as Fed's Williams and Cook set to speak.

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