us gdp

The next major event coming up during today's New York session will be US GDP, which has the potential to move the dollar across the board. Current Sentiment: The Asia-Pacific session saw inflation data from Japan. Tokyo-area CPI Ex-Food & Energy for May printed at 0.5% y/y, below expectations...

US Preliminary GDP will be released today 1:30pm GMT. A significant deviation has the potential to cause a move in the USD. A beat may see sustained strength in USD with downside in bearish pairs like Cable, whereas a miss may see a selloff in USD across the board. Description Gross Domestic...

In terms of Forex News Trading events this week begins slow, however on Thursday we will have events that give us a lot of data – Australian Private Capital Expenditure and UK Second Estimate GDP which is potentially very volatile release. On Friday another important release is awaiting – second...

Our standing trade call for the moment is to buy USD from levels of support and resistance after decent pullbacks. Both AUD and NZD are bearish at the moment due to increased chances of cuts later in the year. We will be awaiting US GDP data before entering dollar positions. Pullbacks without...