Euro Zone Q4 GDP contracts, trade surplus rises
Q4 GDP contracts by -0.3% compared to the previous quarters +0.2% but better than the expected -0.4%.
On a yearly basis actual growth was up 0.7% compared to the previous 1.4%.
Separately reported trade surplus improved to 9.7 billion euro compared to the previous 6.3 billion euro (revised from 6.9 billion euro) and the expected 3.5 billion euro.
EUR/USD has so far traded within the range of 1.3108-1.3190 and currently at 1.3175.
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