Sees a slight contraction in 2013 of 0.2% after a 0.4% contraction this year. Growth will diverge more sharply within the euro zone, the firm forecasts with Germany growing 1% next year but Italy contracting 2%.
EUR/USD is very volatile as the market thins even further ahead of year-end. He with the biggest order wins the day.
Stay sideline unless you have a long-term view and deep pockets.
