Euro May Fall on German IFO Data After Dismal PMI Cascade

The European and the German industrial groups are holding back indicators on the Euro as they wait for the PMI to clear prior to the Euro falling. This means that it could take the Euro down with the indicators suppressed which is a shame. No matter what the political spin, the economies of Europe need to be strong in order to achieve the Euro’s long term goals.

The political weather in Europe today has left markets flat on their backs. Markets do not look to be close to recovery and look to be close to recession. As this happens the Europeans and the Germans will wait for the PMI data to clear prior to the Euro falling.

This means that it could take the Euro down with the indicators suppressed which is a shame. No matter what the political spin, the economies of Europe need to be strong in order to achieve the Euro’s long term goals. The European Central Bank needs to come up with an economic program that can gain confidence.

There is a lot of despair amongst the Greeks in Greece, which will lead to the Euro falling. We now know that Greece wants more money from Europe rather than less. They cannot pay back their debts to the EU and the IMF.

The Europeans need to come up with an economic program that can gain confidence. The Euro may fall as the Europeans and the Germans hold back the indicators in the European industrial sector. This could be a negative for the Euro and we should not dismiss it.

The political weather in Europe today has left markets flat on their backs. Markets do not look to be close to recovery and look to be close to recession. As this happens the Europeans and the Germans will wait for the PMIdata to clear prior to the Euro falling.

This means that it could take the Euro down with the indicators suppressed which is a shame. No matter what the political spin, the economies of Europe need to be strong in order to achieve the Euro’s long term goals. The European Central Bank needs to come up with an economic program that can gain confidence.

There is a lot of despair amongst the Greeks in Greece, which will lead to the Euro falling. We now know that Greece wants more money from Europe rather than less. They cannot pay back their debts to the EU and the IMF.

The Europeans need to come up with an economic program that can gain confidence. The Euro may fall as the Europeans and the Germans hold back the indicators in the European industrial sector. This could be a negative for the Euro and we should not dismiss it.

The political weather in Europe today has left markets flat on their backs. Markets do not look to be close to recovery and look to be close to recession. As this happens the Europeans and the Germans will wait for the PMI data to clear prior to the Euro falling.

This means that it could take the Euro down with the indicators suppressed which is a shame. No matter what the political spin, the economies of Europe need to be strong in order to achieve the Euro’s long term goals. The European Central Bank needs to come up with an economic program that can gain confidence.

The Euro may fall as the Europeans and the Germans hold back the indicators in the European industrial sector. This could be a negative for the Euro and we should not dismiss it.