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FL: The euro can’t go down on bad news. Have we seen the lows? January 08, 2019 at 08:26PM

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An argument for euro gains from here
Today’s German industrial production data was bad. Recession bad.
Production fell 1.9% in November compared to +0.3% expected. On top of that, the October reading was revised down to -0.8% from -0.5%. Compared to a year ago, production is down 4.7%.

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