DAX Range Bound – What’s Next?

DAX Range Bound – What’s Next?

The DAX has been stuck in a relatively narrow range.

It isn’t until Thursday this week that we are having the first important economic data release out of the Eurozone. The flash GDP forecasts are currently at -3.7%

Given the previous narrow range of GDP numbers, this is a significant negative sign.

The question many traders have is which central bank and government policies are we going to see giving the economic slump?

Graph source: forexfactory

 

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