EUR/USD Trading Higher, German GDP Edges Up

EUR/USD is trading at 1.0628, up 0.0029. Germany's Federal Statistical Office reported the German economy advanced 0.4 percent in the fourth quarter of 2016 versus a downwardly revised 0.1 percent in third quarter. Year over year German GDP (gross domestic product) rose 1.2 percent in the fourth quarter versus a rise of 1.5 percent in the third quarter.