# EUR/USD Recovers 1.12 Handle after GDP and German Inflation Data Offer Glimpse of Recovery

> EUR/USD climbed above the 1.12 level after eurozone GDP and German inflation data surprised to the upside. Eurozone growth came in at 0.4% for the first quarter, ahead of consensus of 0.3%. German consumer prices also rose faster than expected.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: macro · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/59793-eur-usd-recovers-1-12-handle-after-gdp-and-german-inflation-data-offer-glimpse
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger euro-zone data reduces the chance of further dollar strength, which can lend modest support to dollar-priced agricultural commodities.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-10-31 | [Euro Outperforms Dollar and Pound After Inflation and GDP Surprises](https://feedsoft.ai/events/28072-euro-outperforms-dollar-and-pound-after-inflation-and-gdp-surprises.md) | -1.2% | -2.9% |
| EURUSD | 2024-04-30 | [Euro-Dollar: Inflation, GDP Data Prompts Hawkish Rethink of ECB Rate Outlook](https://feedsoft.ai/events/30941-euro-dollar-inflation-gdp-data-prompts-hawkish-rethink-of-ecb-rate-outlook.md) | +0.6% | +1.5% |
| EURUSD | 2023-11-14 | [Wall St, European stocks fly on soft U.S. inflation data \| Reuters](https://feedsoft.ai/events/10106-wall-st-european-stocks-fly-on-soft-u-s-inflation-data-reuters.md) | +2.3% | +0.8% |
| EURUSD | 2025-12-18 | [EUR/USD rebounds as ECB holds rates and US inflation cools](https://feedsoft.ai/events/21719-eur-usd-rebounds-as-ecb-holds-rates-and-us-inflation-cools.md) | +0.3% | -1.3% |
| EURUSD | 2023-03-31 | [Dollar up vs. euro but remains on track for weekly loss after inflation data](https://feedsoft.ai/events/37072-dollar-up-vs-euro-but-remains-on-track-for-weekly-loss-after-inflation-data.md) | +0.3% | +1.1% |

## Sources

- poundsterlinglive.com: https://www.poundsterlinglive.com/eurusd/11256-the-eur-usd-today-eurozone-gdp-data-in-focus

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.