Market Overview

EUR/USD Trading Higher, German GDP Firm

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EUR/USD is trading at 1.1155, up 0.0017.

The pair is trading at the highs of the session.

Market talk about headline news and European economic data is making the rounds.

Germany's Federal Statistical Office reported the German economy second quarter gross domestic product (GDP)
was 0.4 percent versus 0.7 percent in first quarter. Year over year GDP was 3.1 percent versus 1.5 percent in the previous reading. It was the best level since the second quarter of 2011.

Eurostat is scheduled to release of Euro area GDP and industrial production at 5:00 a.m. ET.

Posted-In: EUR/USD euroFutures Forex Markets

 

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