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Moody's: Euro area growth to average 2% in 2018

Comments from the Ratings agency Moody's are crossing the wires-

  • High government debt remains a key credit constraint in Euro area. 
  • Euro area growth will average 2.0 percent in 2018, before slowing to 1.7 percent in 2019. 
  • Euro area will continue to benefit from the low-interest rates in 2018. 

Gold hits 19-week high as USD sell-off continues

The relentless USD selling is boding well for the safe haven yellow metal. Gold (XAU/USD) hit a 19-week high of $1344.75 today as the dollar index (D
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EUR/USD headed to monthly 200-SMA at 1.2432 - Commerzbank

Karen Jones, Analyst at Commerzbank, notes that the ongoing bullish run in EUR/USD is likely to extend further, opening doors for a test of the monthl
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