Eurozone Preliminary GDP expands 0.3% QoQ in Q1 vs. 0.1% expected
The Eurozone economy expanded in the three months to March of 2024, rebounding 0.3% from no growth reported in the final quarter of 2023, the preliminary estimate released by Eurostat showed Tuesday.
The GDP data beat the market’s expectations for a 0.1% growth.
The bloc’s GDP expanded at an annual pace of 0.4% in Q1 vs. 0.1%% in Q4 while beating the estimated 0.2% reading.
EUR/USD reaction to the Eurozone GDP report
EUR/USD drew bids on the upbeat Eurozone growth data and was last seen trading at 1.0723, bouncing off from near 1.0700 while modestly flat on the day.
Euro price today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.06% | 0.09% | 0.17% | 0.45% | 0.40% | 0.48% | 0.07% | |
| EUR | 0.06% | 0.15% | 0.23% | 0.51% | 0.52% | 0.54% | 0.13% | |
| GBP | -0.09% | -0.15% | 0.08% | 0.43% | 0.31% | 0.32% | -0.02% | |
| CAD | -0.17% | -0.23% | -0.08% | 0.26% | 0.22% | 0.31% | -0.10% | |
| AUD | -0.45% | -0.58% | -0.42% | -0.26% | -0.05% | 0.03% | -0.36% | |
| JPY | -0.39% | -0.46% | -0.25% | -0.22% | 0.14% | 0.08% | -0.35% | |
| NZD | -0.40% | -0.47% | -0.32% | -0.24% | 0.04% | -0.01% | -0.34% | |
| CHF | -0.05% | -0.13% | 0.02% | 0.10% | 0.37% | 0.36% | 0.40% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Forex News
Keep up with the financial markets, know what's happening and what is affecting the markets with our latest market updates. Analyze market movers, trends and build your trading strategies accordingly.
