News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • US Dollar seeing a decent bid off session lows with yields pushing higher and stocks sliding amid fresh inflation jitters. $USD $DXY #Trading
  • Nasdaq slump leads global equity markets, inflation fears weigh on tech stocks. Get your market update from @nickcawley1 here:
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.80% US 500: -1.17% France 40: -2.14% Germany 30: -2.32% FTSE 100: -2.78% View the performance of all markets via
  • US Treasury Auctions this week: $58b 3-years today $41b 10-years tomorrow $27b 30-years Thursday #usbonds #usdollar #yields @DailyFX
  • 🇷🇺 Foreign Exchange Reserves (APR) Actual: $590B Previous: $573.3B
  • Heads Up:🇷🇺 Foreign Exchange Reserves (APR) due at 13:00 GMT (15min) Previous: $573.3B
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.28%, while traders in Wall Street are at opposite extremes with 75.02%. See the summary chart below and full details and charts on DailyFX:
  • Equity markets looking increasingly ugly as the US enters the fray. #equities #usinflation @DailyFX Prices via @IGcom
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.34% 🇯🇵JPY: 0.23% 🇬🇧GBP: 0.21% 🇳🇿NZD: 0.17% 🇨🇦CAD: 0.02% 🇨🇭CHF: -0.08% View the performance of all markets via
  • 🇧🇷 Inflation Rate YoY (APR) Actual: 6.76% Expected: 6.76% Previous: 6.1%
Euro Steady as German Growth Data Come in Exactly in Line

Euro Steady as German Growth Data Come in Exactly in Line

David Cottle, Analyst

Talking Points:

  • German GDP data came in exactly as expected for the first quarter of 2017
  • Growth was solid rather than stellar but with some evidence that domestic demand played a bigger part
  • The Euro didn’t pay much attention

What will drive the Euro and all other currency majors into 2017’s second half? Check out the DailyFX Quarterly Forecasts!

The Euro was steady early in Friday’s European session as German growth an inflation numbers came in right on market expectations.

The initial official look at Gross Domestic Product growth for the Eurozone’s largest national economy in the first quarter of 2017 came in at 0.7% on the quarter. That meant a 1.7% gain compared with the same period last year. Both were exactly as predicted by forecasters.

Without seasonal adjustment annualized growth was 2.9%, a tick above expectations, and the German statistics office said there was some evidence that domestic consumption helped growth.

EUR/USD had bumped through a rather dull Asian foreign exchange session, and the data didn’t alter things much. It remained around 1.0870, with investors possibly waiting for a look at US consumer prices later in the global session.

Euro Steady as German Growth Data Come in Exactly in Line

On that topic, final German consumer price index data for April were released at the same time as the GDP data. They, too came in as expected and as previously reported. The CPI was flat on the month and up 2% compared to April 2016.

--- Written by David Cottle, DailyFX Research

Contact and follow David on Twitter: @DavidCottleFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.