Goldman Sachs cuts eurozone growth forecast to 0.4% from 0.7%

Goldman Sachs cut its eurozone growth forecast for 2023 due to weaker data on economic activity. Economists led by Sven Jari Stehn now expect a growth rate of 0.4% for the region in 2023. That’s down from 0.7% previously. EURUSD moved into another downward swing area between 1.1010 and 1.10267. The low for the day […]