The ABS purchase program will start the next days that's bad for the euro.
The ECB will buy junk paper from EU members, mainly greek paper.
Germany the EU-powerhouse published contracting PMI data French PMI data is bad, too.
The Eurozone is heading toward to a stagnation?
Only time will tell
I will short eu next weeks. Good entry point is 1.255 area.
sl: 1.274-1.28
t1:1.24
t2:1.23
The ECB will buy junk paper from EU members, mainly greek paper.
Germany the EU-powerhouse published contracting PMI data French PMI data is bad, too.
The Eurozone is heading toward to a stagnation?
Only time will tell
I will short eu next weeks. Good entry point is 1.255 area.
sl: 1.274-1.28
t1:1.24
t2:1.23
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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.