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Switzerland: GDP expands 0.6% in Q1

FXstreet.com (Barcelona) - On a quarterly basis Swiss GDP s.a. increased 0.6% in Q1, following a 0.3% rise registered the previous quarter, according to data released today by Swiss Statistics. Analysts expected 0.2% growth.

Year-over-year GDP climbed 1.1% in Q1, compared with +1.4% in Q4 and above expectations of 0.9% growth.

EUR/USD in highs around 1.2975/80

The single currency is posting fresh highs on Thursday, climbing to the area of 1.2975/80 ahead of the Spanish GDP results...
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