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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| Date | 28.09.2017 | 21.12.2017 | 28.03.2017 | 28.06.2018 | 28.03.2019 |
|---|---|---|---|---|---|
| Actual | 3.1% | 3.2% | 2.9% | 2.0% | 2.2% |
| Forecast | 3.0% | 3.3% | 2.7% | 2.2% | 2.4% |
| Pair | Open | Close | Change |
|---|---|---|---|
| AUD/USD | 0.70918 | 0.70892 | -0.04% |
| EUR/USD | 1.1232 | 1.12314 | -0.01% |
| NZD/USD | 0.68075 | 0.68061 | -0.02% |
| USD/JPY | 110.342 | 110.362 | 0.02% |
| Pair | Longs | Shorts |
|---|---|---|
| AUD/USD | 72.3% | 27.7% |
| EUR/USD | 29.4% | 70.6% |
| NZD/USD | 48.8% | 51.3% |
| USD/JPY | 46.8% | 53.2% |
| GMT | Currency | Event | Forecast | Previous |
|---|---|---|---|---|
| 9:30 | GBP | Current Account | -22.9B | -26.5B |
| 9:30 | GBP | Final GDP q/q | 0.2% | 0.2% |
| 12:30 | CAD | GDP m/m | 0.1% | -0.1% |