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Forex: EUR/USD adjusts value within bearish context

The EUR/USD found some generous Easter bids around the 1.28 level on Monday-thinned markets, surging as high 1.2875 in the last Asian session. The exchange rate is now simply adjusting its value following the intense selling pressure from early last week, where the Cyprus drama took center stage.
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Australia: RBA Commodity Index SDR falls further in March

On an annual basis the Australian SDR Commodity Index dropped 7.5% in March, following a 7.2% decrease in February, the Reserve Bank of Australia reported on Tuesday.
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