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|  | | May 15, 2008 | | Currency trading with the euro | The euro is gaining in forex trading today as German GDP information shows growth. The euro zone economy is showing inflation, and the European Central Bank continues to use this inflation worry as a reason not to cut interest rates.
However, many do not expect growth in the euro zone economy to continue through to the end of the year. As the seconf half of 2008 approaches, the euro zone is expected to slow down as well.
Look for more economic data today, as there is a packed calendar for the euro zone economy.
| Topic Tags: economic data, euro forex trading, European Central Bank, euro zone economy, forex trading, German GDP, interest rates | |
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