Australian Banking Association are to unveil relief plan at 11:00 local time (00:00GMT)
Fundamental Forex Analysis

Australia’s Q1 House Price Index arrived at +1.6% QoQ vs. +2.7% expected

The Australian Bureau of Statistics (ABS) published the residential property price indexes for eight key cities for the March quarter (Q1) on Tuesday. Australia’s Q1 House Price Index arrived at +1.6% QoQ vs. +...

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Fundamental Forex Analysis

Eurozone Final GDP revised up to -3.6% QoQ in Q1 vs. -3.8% exp, EUR/USD unfazed

Eurozone GDP (QoQ) (Q1):  -3.6% actual vs –3.8% expected. Bloc’s GDP (YoY) (Q1): -3.1% actual vs. -3.2% expected. EUR/USD unmoved on data, as the dollar demand dominates. Eurozone economy contracted less-than-...

Eurozone Prelim GDP shrinks 3.8% QoQ in Q1 vs. 3.8% expected, EUR/USD stays above 1.08
Fundamental Forex Analysis

Eurozone Prelim GDP shrinks 3.8% QoQ in Q1 vs. 3.8% expected, EUR/USD stays above 1.08

Eurozone GDP (QoQ) (Q1):  -3.8% actual vs -3.8% expected. Bloc’s GDP (YoY) (Q1): -3.2% actual vs. -3.3% expected. EUR/USD unmoved on data, as the contraction was already priced-in. After Germany entered a rec...

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Fundamental Forex Analysis

UK Final GDP arrives at 0.0% QoQ in Q4, meets estimates – Cable unfazed

UK Final Q4 GDP meets expectations across the time horizon. GBP/USD consolidates the recovery gains near 1.2350. The UK GDP second estimate revealed that the economy showed no growth, arriving at 0.0% QoQ in...

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Fundamental Forex Analysis

Eurozone Prelim GDP arrives at 0.1% QoQ in Q4 vs. 0.1% expected

Eurozone GDP (QoQ) (Q4):  0.1% actual vs 0.1% expected. Eurozone GDP (YoY) (Q4): 0.9% actual vs. 1% expected. After Germany flirted with a recession in the final quarter of 2019, the Eurozone economy steadied ...

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Forex News

Eurozone Preliminary GDP arrives at 0.1% QoQ in Q4, misses estimates

The Eurozone economy eased its pace of expansion at 0.1% on quarter in the three months to December of 2019, missing +0.2% expected, the first estimate showed on Friday.  On an annualized basis, the bloc’s econ...