[FOREX NEWS] French GDP Q4 2016 rises 0.4% as expected – EUR/USD hugs 1.07

No surprises in the second-largest economy in the eurozone: a growth rate of 0.4% quarter over quarter in the final quarter of 2016. Also the year over year numbers did not come as a surprise. EUR/USD hugs the 0.4% level. France was expected to report a growth rate of 0.4% in Q4 2016, double the 0.2% rate [...]

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[FOREX NEWS] EUR/USD makes a false breakdown amid weak German inflation, Trump trouble

EUR/USD opened the week with a weekend gap to the upside, but this episode is already behind us. The reason for the rise was Trump’s Muslim ban. The executive order from the new president about banning entries from 7 Muslim countries caused chaos in US airports and resulted in a global crisis. However, as time passed [...]

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