German Preliminary GDP contracts 0.1% QoQ in Q2 as expected
- German GDP declined 0.1% QoQ in Q2 vs. -0.1% anticipated.
- Annual German GDP rose 0.4% in Q2, beating estimates.
- EUR/USD keeps the green above 1.1550 after the German Q2 GDP report.
The German economy contracted by 0.1% over the quarter in the second quarter of 2025, following a 0.4% increase in the first quarter, according to the preliminary data published by Destatis on Wednesday. Markets expected a 0.1% contraction in the reported period.
Meanwhile, the annual GDP rate climbed by 0.4% in Q2 after reporting a no growth in Q1, while beating the market expectations of 0.2%.
EUR/USD reaction to the German GDP data
The German data fails to move the needle around the Euro (EUR), leaving EUR/USD trading 0.06% higher on the day near 1.1550 at the press time.
Euro PRICE Today
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Australian Dollar.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | -0.04% | -0.09% | -0.21% | 0.02% | 0.15% | -0.05% | -0.17% | |
| EUR | 0.04% | -0.02% | -0.24% | 0.03% | 0.16% | -0.01% | -0.08% | |
| GBP | 0.09% | 0.02% | -0.22% | 0.11% | 0.21% | 0.03% | -0.05% | |
| JPY | 0.21% | 0.24% | 0.22% | 0.31% | 0.44% | 0.24% | 0.12% | |
| CAD | -0.02% | -0.03% | -0.11% | -0.31% | 0.13% | -0.07% | -0.15% | |
| AUD | -0.15% | -0.16% | -0.21% | -0.44% | -0.13% | -0.16% | -0.25% | |
| NZD | 0.05% | 0.00% | -0.03% | -0.24% | 0.07% | 0.16% | -0.08% | |
| CHF | 0.17% | 0.08% | 0.05% | -0.12% | 0.15% | 0.25% | 0.08% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
Author
Dhwani Mehta
FXStreet
Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.
