posted byfx360 1107 days ago
in EUR, Daily, GDPmade popular 1107 days ago
Both German and French GDP data missed expectations with German results printing especially grim, as the EUR/USD fell through the 1.3600 level in early European trade. The German GDP came in at -3.8% vs. 3.% forecast – the bleakest reading in the post war era as business activity in EZ’s largest economy came to a virtual halt in Q1 of 2009.