“The risk of a double-dip recession is rising” – Nouriel Roubini

Markets will have noticed an op-ed piece in the FT written by Nouriel Roubini entitled “The risk of a double-dip recession is rising.”

The concluding paragraph reads “In summary, the recovery is likely to be anaemic and below trend in advanced economies and there is a big risk of a double-dip recession.”

EUR/USD and GBP/USD trading lower in early European trade at 1.4320 and 1.6480 respectively. Technical supports next at 1.4300/05 and 1.6470.