EUR/USD: US Prelim GDP

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

The European Common Currency traded sideways against the US Dollar, following the US Prelim GDP data release on Tuesday at 12:30 GMT. The EUR/USD exchange currency rate gained 4 pips or 0.04% right after the release. The Euro continued trading at the 1.1140 level against the Greenback.

Bureau of Economic Analysis released the US Prelim GDP data, which came out in line with expectations of 3.1%.

According to the official release: "Today's estimate reflects downward revisions to nonresidential fixed investment and private inventory investment and upward revisions to exports and personal consumption expenditures (PCE). Imports, which are a subtraction in the calculation of GDP, were revised up; the general picture of economic growth remains the same."


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Historical Data: US Prelim GDP q/q
Date29.11.1728.02.1830.05.1829.06.1830.05.19
Actual3.3%2.5%2.2%4.2%3.1%
Forecast3.3%2.5%2.3%4.0%3.1%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.691940.69220.04%
EUR/USD1.113581.114030.04%
NZD/USD0.651480.651640.02%
USD/JPY109.731109.691-0.04%
May 30, 2019 Open Positions
PairLongsShorts
AUD/USD70.3%29.8%
EUR/USD39.0%61.0%
NZD/USD74.1%25.9%
USD/JPY65.2%34.8%
Economic Calendar for May 31, 2019
GMTCurrencyEventForecastPrevious
1:00CNYManufacturing PMI49.950.1
8:00EURGerman Prelim CPI m/m0.3%1.0%
12:30CADGDP m/m0.3%-0.1%
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Actual Topics

Fri, 31 May 2019 13:07:57 GMT

USD/CAD: Canadian GDP

The US Dollar appreciated against the Canadian Dollar, following the Canadian GDP data release on Friday at 12:30 GMT. The USD/CAD exchange currency rate gained 24 pips or 0.18% right after the release. The Greenback continued trading at the 1.3530 level against the Canadian Dollar.

Wed, 29 May 2019 14:25:49 GMT

USD/CAD: Canadian Overnight Rate

The US Dollar appreciated against the Canadian Dollar, following the Canadian Overnight Rate data release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate gained 38 pips or 0.28% right after the release. The Greenback continued trading at the 1.3525 level against the Canadian Dollar.

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