Germany: Gross Domestic Product n.s.a (YoY) declines 1.4% in 1Q vs +0.1% in 4Q

May 15, 2013

Germany: Gross Domestic Product s.a (QoQ) (1Q): 0.1% vs -0.6% in 4Q. (YoY) -1.4% vs. 0.1%.

Forex: EUR/USD challenging 1.2900 on German GDP

The shared currency eased to the boundaries of the key support at 1.2900 on Wednesday, after the flash GDP figures in Germany missed expectations. The German economic activity expanded 0.1% inter-quarter...