GDP y/y (EUR) comes in at 1% against 0.7% consensus
| Pair | Now | Since publish |
|---|---|---|
| EURUSD | — | — |
Eurozone GDP y/y was reported at 1%, exceeding the consensus forecast of 0.7%. The previous reading was 0.8%. This represents a surprise of 42.9% against consensus.
Following the release, EURUSD moved +8.7 pips 15 minutes after the print. This move is larger than its median 1-hour move of 6 pips after past releases. EURCAD gained +10 pips, which is larger than its median 1-hour move of 7 pips. EURJPY saw a smaller move of +0.3 pips, compared to its median 1-hour move of 7 pips. EURAUD moved -6.0 pips, smaller than its median 1-hour move of 9 pips. EURCHF moved -2.2 pips, smaller than its median 1-hour move of 5 pips. EURGBP moved -3.0 pips, smaller than its median 1-hour move of 5 pips. EURNZD moved -3.0 pips, smaller than its median 1-hour move of 8 pips.