Breaking News: German Exports Jump +8.5% in October 2018

The [[EUR/USD]] remains mostly unchanged to trade at $1.1426, up by +0.41% on Monday. All eyes remain on the UK economic events now.

Written by: Arslan Butt • Monday, December 10, 2018 • 1 min read

Germany exported goods to the value of 117.2 billion Euros and imported goods to the value of 98.9 billion Euros in October 2018.

Based on provisional data, the Federal Statistical Office (Destatis) also reports that German exports increased by 8.5% and imports by 11.3% in October 2018 year on year.

The EUR/USD remains mostly unchanged to trade at $1.1426, up by +0.41% on Monday. All eyes remain on the UK economic events now.

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ABOUT THE AUTHOR See More

Arslan Butt

Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)

Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.