German Final GDP: Published on Wednesday at 7:0 GMT. The zone’s largest economy has been the locomotive for growth in the middle of 2009, but failed to grow in Q4. The stagnant economy hurts the Euro. This 0% growth is predicted to be confirmed. IF the German economy contracted in Q4, this will be a blow to the Euro.

 

The trigger for this indicator is 0.5. This means that if GDP comes out at 0.5 or higher, EUR/USD will probably go up by 30 pips or more in the first 45 minutes of the report. If it comes out at -0.5 or more negative, EUR/USD will probably go down by 30 pips or more in the first 45 minutes of the report.

 

Obviously, the bigger the difference between expected and actual numbers, the bigger will be the move.