EurUsd and other european assets under pressure post-PMI data as Germany and France continue to show
contraction. PMIs anticipate GDP trends by about 6 months so all this is bad news for growth.
Euro finally reacts and we're down 100 pips already. This opens up further downside into next week
towards 1.1200.
contraction. PMIs anticipate GDP trends by about 6 months so all this is bad news for growth.
Euro finally reacts and we're down 100 pips already. This opens up further downside into next week
towards 1.1200.
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Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.