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EUR/USD: Trading the Preliminary German GDP
Gross Domestic Product (GDP) indicator is a measurement of the production and growth of the economy. Analysts consider GDP one the most important indicators of economic activity. A reading which is better than the market forecast is bullish for the euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 6:00 GMT. Indicator Background German GDP is released quarterly, and as the largest economy in the Eurozone, German numbers are highly anticipated by the market. An unexpected German GDP reading can have an immediate effect on the movement of EUR/USD. The Q1 reading slipped to 0.3%, ... (full story)