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Wednesday, May 3, 2017

[FOREX NEWS] Euro zone GDP Q1 2017 at 0.5% as expected – EUR/USD stable

The euro-zone enjoyed accelerated growth in Q1 2017:0.5% q/q as expected. Year over year, the economy grew by 1.7%, also as predicted. PPI fell short of expectations with -0.3% m/m but +3.9% y/y. EUR/USD remains stable. The euro-zone was expected to report an accelerated growth rate of 0.5% in Q1 2017. In the last quarter of 2016, [...]

The post Euro zone GDP Q1 2017 at 0.5% as expected – EUR/USD stable appeared first on Forex Crunch.



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