EUR/USD: EZ PMI May Help 1.3350 Break Fail

Euro Zone RBS/NTC service sector PMI numbers have failed inspire further Euro gains after the headline fell from 57.5 in February to 57.4 in March. Ahead of the release and EUR/USD traded as high as 1.3358 as dealers remained upbeat over the 57.6 forecasts. In the wake of this slight disappointment and spot now pivots the 1.3350 mark with worries building that retail sales, due at 09:00 GMT, could depress the price back to the European lows.