Euro-zone Q-4 GDP has come in at -1.5% q/q and -1.3 y/y compared to median forecasts of -1.5% and -1.2% respectively. EUR/USD is steady at lower levels, presently around 1.2565. ECB rate decision/ Trichet press conference awaited.
Euro-zone Q-4 GDP has come in at -1.5% q/q and -1.3 y/y compared to median forecasts of -1.5% and -1.2% respectively. EUR/USD is steady at lower levels, presently around 1.2565. ECB rate decision/ Trichet press conference awaited.
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