9:06 AM · 30 July 2020

BREAKING: German GDP shrinks more than expected

German GDP report for Q2 2020 was released at 9:00 am BST. Report was expected to show a drop of 9% QoQ decline but instead point to a 10.1% QoQ contraction. Drop in year-over-over terms turned out to be 11.7% (exp. -11.5% YoY). The reading did not cause any big reaction on the financial markets with EURUSD remaining muted near 1.1760 and DE30 trading near 12,630 pts.

EURUSD barely moved on weaker than expected German GDP data. Source: xStation5

20 August 2026, 11:10 AM

💵EURUSD tests 1.17 due to Bessent

20 August 2026, 10:11 AM

Chart of the Day: USDJPY Falls Ahead of a Key Test for the Yen (20.08.2026)

20 August 2026, 9:12 AM

Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead (20.08.2026)

19 August 2026, 7:14 PM

Daily Summary: Bessent Shakes the Market – Dollar Down Sharply, Gold Up 3.5% (19.08.2026)

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