The German Preliminary GDP measures growth in the economy. GDP measures production and growth of the economy. A reading which is higher 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 7:00 GMT. Indicator Background GDP is considered one of the most important economic indicators, and provides an excellent indication of the health and direction of the German economy. Traders should pay close attention to the GDP release, as an unexpected reading could quickly affect the direction of EUR/USD. The forecast for German Preliminary GDP ... (full story)