.Professionals at BCA are anticipating a recession for Europe early in 2025:" Our conviction that an economic crisis will engulf Europe early upcoming year is actually strengthening." Presenting: Leading global development red flags continue to deteriorateweakening financial activity aheadsteepening of the return curve, the rebound in the VIX, the ongoing weakening of hold trades, and the relapse of asset rates are actually all bad omensdata softening in EuropeOn the european: EUR/USD always depreciates significantly after carry trades have unwoundwait for the initial price cut from the Fed prior to selling the european.This write-up was created by Eamonn Sheridan at www.forexlive.com.