German 2023 preliminary GDP contracts 0.3% YoY, as expected
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Germany’s preliminary Real GDP for 2023 contracted at an annual pace of 0.3%, as widely expected, the latest data published by the federal statistics authority Destatis showed Monday.
EUR/USD is defending minor bids near 1.0950 following the German data. The pair is stuck in a narrow range due to the US holiday-led thin trading.
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