Market Updates: Euro Area Flash GDP Up by 0.2% - Forex News by FX Leaders

Market Updates: Euro Area Flash GDP Up by 0.2%

Posted Thursday, February 14, 2019 by
Arslan Butt • 1 min read

According to the Eurostat report, the Euro area seasonally adjusted GDP rose by 0.2% in both the Euro area (EA19) and the EU28 during the fourth quarter of 2018. It’s the same as the previous quarter data.

In the third quarter of 2018, GDP had grown by 0.2% in the Euro area and by 0.3% in the EU28. The EUR/USD gained support above $1.1250.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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