According to the second revision of the Eurozone GDP published by Eurostat, the statistical office of the European Union, the Eurozone economy expanded 0.4% in the first quarter of 2019, confirming the preliminary flash readout.
On an annualized basis also, the region’s economic growth matched the original estimates and arrived at 1.2%. Both the figures met the consensus forecasts.
The EUR/USD pair held onto the daily tops near 1.1220 levels following the in line with estimates Eurozone growth numbers for Q1 2019.
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