Monday, 24 May 2021

Gross Domestic Product, Germany

 WHAT IT INFLUENCES: EUR and its subsequent pairs

WHAT'S HAPPENING: The Gross Domestic Product released by the Statistisches Bundesamt Deutschland is a measure of the total value of all goods and services produced by Germany. The GDP is a broad measure of German economic activity and health. A high reading or a better than expected number positively affects the EUR, while a falling trend is seen as negative or bearish.

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