EUR/USD: US Final GDP

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The European Single Currency depreciated against the US Dollar, following the US Final GDP release on Thursday at 12:30 GMT. The EUR/USD exchange rate lost 7 pips or 0.06% right after the release. The Euro continued trading at the 1.1228 level against the US Dollar.

The Bureau of Economic Analysis released the US Final GDP data, which came lower-than-expected. The index was 2.2% compared with forecast 2.4%

According to James Knightley, chief international economist at ING: "Taking a step back it is clear that the US economy continues to perform very well both in absolute terms and relative to key developed market economies. Output is now 20% above its 2008 pre-crisis peak with the economy having grown 24% since its 2009 trough, whereas the UK and Germany are eight percentage points behind and Italy is in a completely different race."

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Past Releases: US Final GDP q/q
Date28.09.201721.12.201728.03.201728.06.201828.03.2019
Actual3.1%3.2%2.9%2.0%2.2%
Forecast3.0%3.3%2.7%2.2%2.4%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.709180.70892-0.04%
EUR/USD1.12321.12314-0.01%
NZD/USD0.680750.68061-0.02%
USD/JPY110.342110.3620.02%
Open Positions on March 28, 2019
PairLongsShorts
AUD/USD72.3%27.7%
EUR/USD29.4%70.6%
NZD/USD48.8%51.3%
USD/JPY46.8%53.2%
Economic Calendar for March 29, 2019
GMTCurrencyEventForecastPrevious
9:30GBPCurrent Account-22.9B-26.5B
9:30GBPFinal GDP q/q0.2%0.2%
12:30CADGDP m/m0.1%-0.1%
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Actual Topics

Fri, 29 Mar 2019 13:09:31 GMT

GBP/USD: UK Current Account

The British Pound depreciated against the US Dollar, following the UK Current Account release on Friday at 9:30 GMT. The GBP/USD exchange rate lost 25 pips or 0.19% right after the release. The British Pound continued trading at the 1.3030 level against the US Dollar.

Wed, 27 Mar 2019 15:44:07 GMT

USD/CAD: Canadian Trade Balance

The US Dollar appreciated against the Canadian Dollar, following the Canadian Trade Balance release on Wednesday at 12:30 GMT. The USD/CAD exchange rate gained 13 pips or 0.10% right after the release. The US Dollar continued trading at the 1.3420 level against the Canadian Dollar.

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