Forex News and Events: The German GDP grew at the anticipated pace of 0.4% q/q in the fourth quarter of 2013, 1.4% y/y. Improved exports and capital investment counterbalanced the weakness in private and public demand. Although EUR showed limited knee-jerk reaction to German data, EURUSD advanced to 1.3763 in Europe this morning. Decent offers remain pre-1.3773, stops are seen above. EUR continues to carry important downside risk on dovish ECB comments before March 6th ECB meeting. In UK, the
Reported by FXstreet.com 1 hour ago.
↧