EUR/USD: Traders say the euro is firming on headlines that Cyprus Popular Bank deposits under E100k will be guaranteed (purported reports on CYBC) and that the Cyprus Popular Banks to be shut down and split into good/bad banks.

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21 March 2013

EUR/USD: Traders say the euro is firming on headlines that Cyprus Popular Bank deposits under E100k will be guaranteed (purported reports on CYBC) and that the Cyprus Popular Banks to be shut down and split into good/bad banks.

Oil dropped as German manufacturing output unexpectedly contracted in March

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