The ABS purchase program will start the next days that's bad for the euro.
The ECB will buy junk paper from EU members, mainly greek paper.
Germany the EU-powerhouse published contracting PMI data French PMI data is bad, too.
The Eurozone is heading toward to a stagnation?
Only time will tell
I will short eu next weeks. Good entry point is 1.255 area.
sl: 1.274-1.28
t1:1.24
t2:1.23
The ECB will buy junk paper from EU members, mainly greek paper.
Germany the EU-powerhouse published contracting PMI data French PMI data is bad, too.
The Eurozone is heading toward to a stagnation?
Only time will tell
I will short eu next weeks. Good entry point is 1.255 area.
sl: 1.274-1.28
t1:1.24
t2:1.23
