Slightly better than expected growth in the euro-zone: 0.3% q/q and 0.9% y/y. The Greek economy actually squeezed in Q4, and y/y growth in the debt struck country rose by only 1.7% instead of 2.2% predicted. The euro-zone was expected to report a growth rate of 0.2% in the preliminary number for Q4, but that was before the superb German release of a 0.7% growth rate. EUR/USD traded steadily at a high range around 1.1430. France reported a growth rate of 0.1% q/q, in line with expectations, but only 0.2% y/y. Italy reported no change in output: a flat 0%. A few weeks ago, Spain enjoyed a 0.6% growth rate. The focus is still on Greece, but upbeat data certainly helps the common currency. Regarding Greece, there has been no progress in the first Eurogroup meeting on Wednesday: the sides could not even publish a joint statement. A meeting between Greek PM Alexis Tsipras and German Chancellor Angela Merkel was described as “friendly” and there was speculation about progress. The critical meeting is on Monday: the finance ministers meet again on Monday. This comes after the state elections in Hamburg. Merkel might show more flexibility after these elections and after scoring 3 big achievements. Later, we have consumer confidence numbers in the US. This comes after a big disappointment that sent the dollar way down. Will EUR/USD continue higher? Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam EUR/USD DailyForex News Today: Daily Trading News share Read Next EUR Bear Market In The Waiting; Sell Rallies – Morgan Yohay Elam 8 years Slightly better than expected growth in the euro-zone: 0.3% q/q and 0.9% y/y. The Greek economy actually squeezed in Q4, and y/y growth in the debt struck country rose by only 1.7% instead of 2.2% predicted. The euro-zone was expected to report a growth rate of 0.2% in the preliminary number for Q4, but that was before the superb German release of a 0.7% growth rate. EUR/USD traded steadily at a high range around 1.1430. France reported a growth rate of 0.1% q/q, in line with expectations, but only 0.2% y/y. Italy reported no change in output: a flat 0%.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
