Germany Gross Domestic Product on EURUSD – 28-7-2023

Influence on EUR/USD: Given the Euro’s significant weightage in the EUR/USD currency pair, any changes in German GDP can have a pronounced effect on this particular exchange rate. Positive German GDP growth tends to strengthen the Euro against the US Dollar, leading to a rise in the EUR/USD exchange rate. Conversely, negative German GDP growth … Continue reading Germany Gross Domestic Product on EURUSD – 28-7-2023