GDP growth rate in the euro-zone meets expectations

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Source: Forexpros
© Scanpix/FP

The euro zone's GDP rose at an expected pace in Q3, according to official data. The GDP increased by 0.2% on a seasonally adjusted basis in three months ended in September fully meeting the forecast. GDP increased by 1.4% on a yearly basis also being in compliance with previous projections. After the data release the euro moved higher against the greenback. EUR/USD is trading at 1.3377, adding 0.19%.

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