Zawacapital

Bears consolidate under broken 1.74 support ahead of German Ifo

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FX:EURNZD   歐元 / 紐元


Euro-zone data resurfaced worries n rate of growth slowed to one of the weakest since 2014 and underscored slowing activity across the region. The already weaker sentiment surrounding the shared currency deteriorated further after Bundesbank noted that the German GDP could once again have contracted slightly in the third quarter, which further fueled fears of a recession.





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