The (Organization for Economic Co-operation and Development) OECD shaved 2015 global growth forecasts to 2.9% which shook the global financial markets. Data from China has been soft this week and fears are still present about its economic growth. Mario Draghi will be speaking in Brussels today and he may attempt to talk down the Euro once more.
· The EURUSD is technically bearish on the daily timeframe
The (Organization for Economic Co-operation and Development) OECD shaved 2015 global growth forecasts to 2.9% which shook the global financial markets. Data from China has been soft this week and fears are still present about its economic growth. Mario Draghi will be speaking in Brussels today and he may attempt to talk down the Euro once more.
· The EURUSD is technically bearish on the daily timeframe
· WTI is bearish on the daily timeframe
· Dollar Index is bullish on the daily timeframe
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