Eurozone: GDP rose by 0.8% q/q in QI; above expectations

FOREX NEWS: As it became known today, GDP in Eurozone rose by 0.8% (+2.5% y/y) on quarterly basis in QI, while the forecast of growth was to 2.2% y/y and the previous level 2.0%.
 
 

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RBA Raises Inflation Forecast as Traders Raise Rate Expectations

Following NFP Which Factor Wins Out - Risk Appetite or US Rate Expectations?

The US economy surprised forecasts, posting a much better than expected 244K jobs created during the month. Forecasts were calling for a 185K increase, and from other data this week expectations had build for a soft release.

With upward revisions to February’s and March’s data, this is the 3rd straight month

Euro/USD: Euro grows up amid expectations

Forex analytics: The pair EUR/USD is traded upward at the Forex currency market on Thursday; players are waiting for   the outcome of the European Central Bank meeting which will be held today.
By 9.15 Moscow time the Euro is at 1.4870 against closing level of 1.4826 yesterday.
Preliminary employment data in the U.S. released yesterday provoked withdrawal from dollar positions and today the Euro consolidates ...

Forex: Euro, British Pound Rally As U.K. PMI Manufacturing and Euro-Zone CPI Estimate Tops Expectations

The British pound pared yesterday’s losses against the greenback as the U.K. PMI manufacturing report in December rose to 58.3 amid expectations of 57.2 to mark the highest reading in 16 years.