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Next FED action depends on European recovery

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 8, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: One of the Fed’s big worries is whether German export markets are foundering to the extent they drag down the entire economy. We have had some lousy data recently—factory orders and output. Behind the scenes, so to speak, however, the domestic household sector has been on the rise. After three decades of Germany promising an end to reliance on exports and promoting domestic consumption, it’s finally happening. As noted above, permits for new residential construction rose 34.5% y/y in

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