Tuesday, February 14, 2017

[FOREX NEWS] Euro-zone GDP downgraded to 0.4%

The euro-zone grew at a quarterly rate of 0.4%, lower than 0.5% originally reported. Other figures have been disappointing as well: industrial output dropped by 1.6%. The German ZEW economic sentiment slid all the way to 10.4 points and the current conditions components fell to 76.4 points. EUR/USD is sliding towards 1.0610, but not going very far. The [...]

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