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Forex Flash: Dollar Index peaked on March 14th - BBH

FXstreet.com (Barcelona) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman notes that the Dollar Index actually peaked on March 14, days before Cyprus erupted, and recovered but not enough to make a new high last week.

He writes, “Just before the weekend, it briefly dipped below the 20-day average for the first time since early February. Initial support is seen near 82.00, but if our reading of the technical condition is correct, there is potential toward 81.50 and maybe even 81.00, if the correction gains momentum.”

Forex Flash: Cyprus strikes a deal of sorts - Societe Generale

Sebastien Galy, Senior FX Strategist at Societe Generale notes that a framework seems to have been agreed, which means that we are off to the next round in Cyprus.
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Forex Flash: Majors look technically mixed ahead - UBS

UBS strategists Geoffrey Yu and Gareth Berry note that this mornings technical outlook has majors showing a mixed outlook for the day ahead.
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