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2015-05-22 07:00 GMT (or 09:00 MQ MT5 time) | [EUR - German GDP]

• past data is 0.3%
• forecast data is 0.3%
• actual data is 0.3% according to the latest press release

if actual > forecast (or previous data) = good for currency (for EUR in our case)
[EUR - German GDP] = Change in the inflation-adjusted value of all goods and services produced by the economy.
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EURUSD M5: 24 pips price movement by EUR - German GDP news event:



"The German economy continued to grow at a slightly slower pace. As the Federal Statistical Office (Destatis) already reported in its first release of 13 May 2015, the gross domestic product (GDP) increased 0.3% - upon price, seasonal and calendar adjustment - in the first quarter of 2015 compared with the fourth quarter of 2014. A marked increase of +0.7% was recorded in the last quarter of 2014, as reported earlier. For the entire year of 2014, GDP values did not change as compared with the figures published so far (+1.6%)."