EUR/USD Current price: 1.0812 Without relevant macroeconomic data, attention remains on central banks’ officials. The United States upwardly revised the Q4 Gross Domestic Product to 3.4%. EUR/USD extends its slide sub-1.0800 and could soon retest 1.0694. The decline accelerated after Germany reported Retail Sales fell 2.7% YoY in February, much worse than the 0.8% slide anticipated.
The Japanese Nikkei, however, edged sharply lower as the Bank of Japan poured cold water on expectations for additional rate hikes after finally pulling the trigger for the first time in almost two decades. Ahead of Wall Street’s opening, the United States released the final estimate of the Q4 Gross Domestic Product , which was upwardly revised to 3.4% from the previous 3.2% estimate.
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