Provisional Q1 German GDP data now out 13 May 2016
- +0.3% prev
- yy WDA +1.6% vs +1.5% exp vs +1.3% prev
- yy NSA +1,3% vs +1.2% exp vs +2.1% prev
Better than expected, highest reading in two years, but euro unimpressed.
EURUSD 1.1370 near session lows. EURGBP 0.7875 EURJPY 123.65 also near session lows as USDJPY remains anchored around 108.75