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EMU: GDP grows 0.5% in Q4

FXStreet (Łódź) - On an annual basis Eurozone GDP increased 0.5% in Q4, following the 0.3% fall registered the previous quarter, according to data released today by Eurostat.

Quarter-over-quarter GDP rose 0.2% in Q4, slightly up from +0.1% in Q3.

Cyprus gets next tranche of aid, central bank concerned about bad loans

During the second day of the Eurogroup summit held in Athens, the European Stability Mechanism approved a 150 million euro aid tranche disbursement to Cyprus.
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EUR/USD broke below 1.38 on the ECB rumors

EUR/USD broke below 1.38, and reached 1.2784 low by the moment.
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