Currencies consolidated before March data

Last week, investors were waiting for economic news representing March, thus market moves were rather muted. In the next couple of weeks, number of important economic data pieces will be announced, which will reflect activity through the lockdown period. Until now, most of the news reflected situation mostly in February, when virus was just beginning to spread in Europe and was very limited in the U.S., what kept economic data relatively good and stable compared to previous years and periods.

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