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Tuesday, August 15, 2017

[FOREX NEWS] EUR/USD extends losses on weak German GDP

Germany, the euro-zone’s locomotive, saw its economic output rise by 0.6%, slightly below 0.7% expected. This was countered by an upwards revision to the data for Q1: 0.7% against 0.6% published beforehand. Year over year, growth hit 2.1% against 1.9% expected but the previous figure was revised down. The positives were domestic demand as well as [...]

The post EUR/USD extends losses on weak German GDP appeared first on Forex Crunch.



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