· Euro data suggests the economy may have contracted in the second quarter, but the euro was preoccupied with next week’s ECB decision.
· Despite the slowest pace of UK growth in three years, the pound may be looking at a major trend reversal against the dollar.
[B]Stories to watch on DailyFX[/B]
· A glut of top market moving indicatorsmay lead the majors to volatility and breakouts next week.· With equity markets plunging to new multi-month and year lows how is the carry trade performing?
[B]
Send any comments or questions to <[email protected]>. [/B]