Felix Homogratus
Commander in Chief
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US Annualized GDP comes one once every month.
GDP stands for Gross Domestic Product. It measures complete country's output in both goods and services. The higher the number, the healthier the economy, and vice versa.
When making decisions to raise or cut interest rates, US cares about its GDP a lot, so when GDP comes out better than expected, traders tend to buy USD/JPY, and it tends to go up. When GDP comes out lower than expected, traders tend to sell USD/JPY, and it tends to go down.
To see a history of this economic indicator and charts of how it affected USD/JPY and other currencies, please click here:
Forex News Trading | Details and History for USD GDP Annualized
If you want me to email you 1 day before this report is released, and explain to you in details on how to trade it, then please sign up for my free trading signals by going to this link:
Forex Daily Trading Signals - Forex Peace Army Forum
In the signal, I tell you exactly how many pips the currency will most likely move, depending on the difference between expected and actual numbers.
GDP stands for Gross Domestic Product. It measures complete country's output in both goods and services. The higher the number, the healthier the economy, and vice versa.
When making decisions to raise or cut interest rates, US cares about its GDP a lot, so when GDP comes out better than expected, traders tend to buy USD/JPY, and it tends to go up. When GDP comes out lower than expected, traders tend to sell USD/JPY, and it tends to go down.
To see a history of this economic indicator and charts of how it affected USD/JPY and other currencies, please click here:
Forex News Trading | Details and History for USD GDP Annualized
If you want me to email you 1 day before this report is released, and explain to you in details on how to trade it, then please sign up for my free trading signals by going to this link:
Forex Daily Trading Signals - Forex Peace Army Forum
In the signal, I tell you exactly how many pips the currency will most likely move, depending on the difference between expected and actual numbers.
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