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EUR/USD Forecast: it's all about China today

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 4, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    Chinese stocks plummeted at the beginning of the year, as the latest PMI figures continue signaling an economic slowdown in the second largest world's economy. After the official manufacturing data came out worse than expected during the weekend, the Chinese Caixin manufacturing PMI for December resulted at 48.2 at the beginning of this Monday, below the 48.9 expected and the tenth straight monthly contraction. China halted stocks' trading for the rest of the day after losses reached 7%,

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