- Analytics
- News and Tools
- Market News
- Eurozone Preliminary GDP expands 0.3% QoQ in Q1 vs. 0.1% expected
Eurozone Preliminary GDP expands 0.3% QoQ in Q1 vs. 0.1% expected
The Eurozone economy expanded in the three months to March of 2024, rebounding 0.3% from no growth reported in the final quarter of 2023, the preliminary estimate released by Eurostat showed Tuesday.
The GDP data beat the market’s expectations for a 0.1% growth.
The bloc’s GDP expanded at an annual pace of 0.4% in Q1 vs. 0.1%% in Q4 while beating the estimated 0.2% reading.
EUR/USD reaction to the Eurozone GDP report
EUR/USD drew bids on the upbeat Eurozone growth data and was last seen trading at 1.0723, bouncing off from near 1.0700 while modestly flat on the day.
Euro price today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the weakest against the US Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.06% | 0.09% | 0.17% | 0.45% | 0.40% | 0.48% | 0.07% | |
| EUR | 0.06% | 0.15% | 0.23% | 0.51% | 0.52% | 0.54% | 0.13% | |
| GBP | -0.09% | -0.15% | 0.08% | 0.43% | 0.31% | 0.32% | -0.02% | |
| CAD | -0.17% | -0.23% | -0.08% | 0.26% | 0.22% | 0.31% | -0.10% | |
| AUD | -0.45% | -0.58% | -0.42% | -0.26% | -0.05% | 0.03% | -0.36% | |
| JPY | -0.39% | -0.46% | -0.25% | -0.22% | 0.14% | 0.08% | -0.35% | |
| NZD | -0.40% | -0.47% | -0.32% | -0.24% | 0.04% | -0.01% | -0.34% | |
| CHF | -0.05% | -0.13% | 0.02% | 0.10% | 0.37% | 0.36% | 0.40% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
