EURUSD does not like it
There is a report that the German economic minister is to revise 2019 economic growth forecast to 1.0% from 1.8% in the previous forecast. That is a significant fall....
In 2020 they expect GDP growth of 1.6%.
The EURUSD has moved sharply lower on the news and trades to new session/year lows. Earlier in the day, the price bounced off the January 3rd low at 1.13055. The price is currently trading at 1.1301.
On more selling, the lows from November and December will be eyed at 1.12666.
