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Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook: Amid all the data noise, we see a slowdown in Europe that might turn out to bode ill for Mr. Draghi’s plans. Last week the German research institutes cut their growth forecasts for this year from 1.8% to 1.6%, led by falling growth abroad and thus exports. Growth was a 4-year high of 1.7% in 2015. Next year will see only 1.5%. We get the newest German forecasts tomorrow. Today Spain announced this year’s revision from 3% to 2.7% and 2.4% next year, revised from 2.9%. This is the

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