EUR/USD: Advance 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 Advance GDP data release on Wednesday at 12:30 GMT. The EUR/USD exchange currency rate lost 10 pips or 0.09% right after the release. The Euro continued trading at the 1.1105 level against the Greenback.

The Bureau of Economics Analysis released the US Advance GDP data, which came out better-than-expected 1.9% compared to the forecast of 1.6%.

According to the official release: "The increase in real GDP in the third quarter reflected positive contributions from personal consumption expenditures (PCE), federal government spending, residential fixed investment, state and local government spending, and exports that were partly offset by negative contributions from nonresidential fixed investment and private inventory investment. Imports, which are a subtraction in the calculation of GDP, increased."


Historical Data: US Advance GDP q/q
Date27.07.1826.10.1824.04.1926.07.1930.10.19
Actual4.1%3.5%3.2%2.1%1. 9%
Forecast4.2%3.3%2.2%1.8%1.6%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/USD0.68640.68595-0.07%
EUR/USD1.111561.11069-0.08%
NZD/USD0.635430.63489-0.08%
USD/JPY108.831108.8960.06%
Oct 30, 2019 Open Positions
PairLongsShorts
AUD/USD60.8%39.2%
EUR/USD25.3%74.7%
NZD/USD68.2%31.8%
USD/JPY48.9%51.1%
Economic Calendar for Oct 31, 2019
GMTCurrencyEventForecastPrevious
0:00NZDANZ Business Confidence--53.5
TentativeJPYMonetary Policy Statement--
12:30CADGDP m/m0.2%0.0%
Back to articles

Actual Topics

Wed, 30 Oct 2019 15:58:12 GMT

USD/CAD: BOC Rate Statement

The US Dollar appreciated against the Canadian Dollar, following the BOC Rate Statement release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate gained 42 pips or 0.32% right after the release. The Greenback continued trading at the 1.3160 level against the Greenback.

Mon, 28 Oct 2019 11:50:06 GMT

28.10.-01.11. Event Historical Reactions

This week most notable event will occur in Canada. The Bank of Canada is set to make a rate announcement. This event creates the most volatility that can be created by a macroeconomic announcement. Meanwhile, the US Federal Reserve is expected to do a rate cut this week, which is expected to have a larger and more long term oriented impact

Subscribe to "Fundamental Analysis" feed

Suscribir
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.
Para obtener más información sobre las opciones binarias de Dukascopy Bank / La plataforma de operaciones de Forex, SWFX y otra información relacionada con el Trading, por favor llámenos o solicite una devolución de llamada.
Para conocer más sobre la plataforma de Trading de CFD y Forex de Dukascopy Bank, SWFX y otras informaciones relacionadas con el Trading,
llámenos o haga una solicitud de devolución de llamada.
Para obtener más información acerca de la plataforma de operaciones Crypto Trading / CFD / Forex, SWFX y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre Business Introducer y otra información relacionada con el comercio,
llámenos o realice una solicitud de devolución de llamada.
Para obtener más información sobre la posible cooperación, por favor llámenos o haga una solicitud de devolución de llamada.