Currencies: Direction South Remains Path Of Least Resistance For EUR/USD

<p>Rates: Defensive approach ahead of the weekend Horrible economic data and bad news on a possible drug against the coronavirus caused a gradual intraday risk reversal. Core bonds ended higher, flattening the curves. We take a defensive approach ahead of the weekend with the fragility of the Easter rally once again exposed. Merkel and Trump [&#8230;]</p>
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