11:13 AM · 30 January 2025

BREAKING: Eurozone Q4 2024 GDP prelim slightly weaker than expected

Eurozone Q4 2024 GDP QoQ Prelim: Actual 0% (Forecast 0.1%, Previous 0.4%)

On a yearly basis, eurozone GDP growth came in 0.9% vs 1% exp. and 0.9% previously. Despite weak macro readings today, EURUSD tries to hold 1.04 as a support zone. We may see a higher volatility on the pair amid ECB decision (1:15 PM GMT) and Christine Lagarde speech (1:30 PM GMT).

Source: xStation5

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