EUR/USD: US Final GDP

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Source: Dukascopy Bank SA

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The European Single Currency depreciated against the US Dollar, following the US Final GDP data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 16 pips or 0.14% during a minute, right after the release. In the next minutes the rate was trading at the 1.1675 area.

The Bureau of Economic Analysis released the US Final GDP data that came out In line with expectations of 4.2%.

Donald Trump, The president of the United States said at a Wednesday news conference: "We're doing much better than anybody thought possible,".

Historical Data Table: Final GDP q/q  Economic Calendar for 01.10.2018
           
Date 28.09.2017 21.12.2017 28.03.2017 28.06.2018 27.09.2018 8:30 AM UK Manufacturing PMI
Actual 3.10% 3.20% 2.90% 2.00% 4.20% 14:00 PM US ISM Manufacturing PMI
Forecast 3.00% 3.30% 2.70% 2.20% 4.20% Tentative NZD NZIER Business Confidence
           
Initial Reaction on Main Pairs SWFX Sentiment Indexes
           
  Open Price Close Price % Change   Longs Shorts
AUD/USD 0.72228 0.72201 -0.04% AUD/USD 69.37% 30.63%
EUR/USD 1.16915 1.16814 -0.09% EUR/USD 55.28% 44.72%
USD/JPY 112.925 112.949 0.02% USD/JPY 32.27% 67.73%
NZD/USD 0.66324 0.66315 -0.01% NZD/USD 63.21% 36.79%

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