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15 Jan 2015

German GDP growth for 2014 expected to be at 1.5% - Danske

FXStreet (Barcelona) - The Danske Bank Research Team anticipates today’s German GDP release to register a 1.5% GDP growth for 2014.

Key Quotes

“In Europe the most interesting release is German GDP for 2014, which indirectly will give the first estimate of the Q4 growth rate. We expect German GDP to have expanded 0.5% q/q in Q4 after only expanding 0.1% q/q in Q3. If our estimate for Q4 is right, GDP growth for 2014 as a whole should be 1.5%.”
Jan 15, 2015

NZD/USD snaps three-day losing streak

The New Zealand dollar gained strength against its US counterpart in line with the strength seen in other commodity currencies.
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Jan 15, 2015

USD/JPY gains capped at 117.97 – FXStreet

FXStreet Editor and Analyst, Omkar Godbole, shares that USD/JPY gains are being capped by the channel resistance at 117.97 levels, further noting that an upside move above this is highly unlikely.
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