- German GDP rose 0.2% QOQ in Q1 compared to 0.2% forecast.
- The annual German GDP declined 0.2% to Q1 compared to -0.2% expected.
- EUR/USD remains defensive below 1.1400 after the German Q1 GDP report.
The German economy expanded 0.2% in the quarter in the first quarter of 2025, following a 0.2% backdown in the last quarter of 2024, according to preliminary data published by Destatis on Wednesday. Markets expect a 0.2% growth in reported periods.
Meanwhile, the annual GDP rate dropped 0.2% to Q1 after -0.2% recorded in Q4 and an expected reading of -0.2%.
Separately, the German unemployment rate remained at 6.3% in March.
EUR/USD reaction to German GDP data
German data failed to provide any Euro (EUR) support, leaving the EUR/USD trade of 0.09% less on the day near 1.1375 at the time of press.
Euro's price now
The table below shows the percentage change of Euro (EUR) against the listed major currencies today. The Euro is vulnerable to the Australian dollar.
| USD | EUR | Gbp | Jpy | Cad | Aud | Nzd | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.07% | 0.20% | 0.27% | -0.01% | -0.12% | 0.14% | 0.11% | |
| EUR | -0.07% | 0.14% | 0.21% | -0.08% | -0.19% | 0.08% | 0.05% | |
| Gbp | -0.20% | -0.14% | 0.08% | -0.21% | -0.33% | -0.06% | -0.10% | |
| Jpy | -0.27% | -0.21% | -0.08% | -0.29% | -0.40% | -0.07% | -0.14% | |
| Cad | 0.00% | 0.08% | 0.21% | 0.29% | -0.11% | 0.16% | 0.13% | |
| Aud | 0.12% | 0.19% | 0.33% | 0.40% | 0.11% | 0.26% | 0.24% | |
| Nzd | -0.14% | -0.08% | 0.06% | 0.07% | -0.16% | -0.26% | -0.03% | |
| CHF | -0.11% | -0.05% | 0.10% | 0.14% | -0.13% | -0.24% | 0.03% |
The heat map shows the percentage change of basic currencies against each other. The base currency is taken from the left column, while the quote currency is taken from the top row. For example, if you choose the euro from the left column and move to the horizontal line in the US dollar, the percentage change shown in the box represents EUR (base)/USD (quote).
