AUTOREFRESH 
ECB’s Nowotny: European growth slow until 2011
By Jamie Coleman || July 9, 2009 at 14:42 GMT
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Everyone is looking at 2010 as the year of the economic comeback, just as in the first half of every year, we all look for a second-half recovery. Austrian central banker Nowotny is not buying, saying he sees slow growth until 2011 and unemployment rising to more than 10%. After 2011, growth can return to the 2-3% level, he says. .
This will help keep EUR/USD range-bound, as will sell orders above 1.4000. 1.3945 support is holding for now as EUR/USD trades at 1.3957.
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