about 1 hour ago
XE Market Analysis: Euro Weakens as Mario Draghi Says ECB is Assessing Softer Data
By: xemarketanalysisOVERVIEW US government yield falls back below 3%. US durable goods orders rise, business spending on equipment falls. Swedish central bank keeps rates on hold, postpones rate hike. BoC Governor says the economy is finally positive. HIGHLIGHT The Euro is trading at a 3-month low versus the US Dollar following the ECB meeting where Mario Draghi maintained a cautious tone on the central bank's policy. Read more
 tends to peak well in advance of any recession, and that metric also remains positive:
[Note: averaged quarterly to cut down noise]
BUT, this metric is obviously showing decelerating growth.&p[images][0]=/s3/files/styles/large/s3/image_1270.jpg?itok=4y8i2EhO){kind=link}