Germany Gross Domestic Product (YoY) above expectations (0.9%) in 2Q: Actual (1%)

Germany Gross Domestic Product w.d.a (YoY) rose from previous 0.9% to 1% in 2Q

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Euro: Further gains eyed toward 1.1800 against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive stance on EUR/USD despite recent consolidation around 1.1660. They still see room for upside toward 1.1725 in the coming weeks as long as support at 1.1630 holds.
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