U.S. Forex Market Commentary |
|
EURO The euro reversed recent losses vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.5700 figure and was supported around the $1.5570 level. The common currency gave back some intraday gains after the release of U.S. Q2 GDP data that saw the economy expand at an annualized 1.9% pace, up from the downwardly revised 0.9% pace in Q1. The Q2 pace of growth represented the fastest since Q3 2007. Q2 personal consumption expenditures were up
Filed under: Technical
Latest Posts
- Daily Forex Signal
- Mid Week Report - Fundamentally Speaking
- Time and change
- Foreign Exchange Market Daily Update - Forex Trading, Currency …
- U.S Market Update
- U.S.: ISM Non-Manufacturing Index Falls into Uncharted Territory …
- US Dollar Held Firm against Majors - Forex Trading, Currency …
- Chart of the Day - GBP/USD
- Today’s Live Show
- Deflation Could Crush Canadian Dollar
- Mid-Day Forex Technical Report - Yen Surges after Poor Services and Job Data from US
- Slovakia: December 2008
- Forex Market Outlook on Majors
- Speculation undermines Sterling
- ECB Preview: Plenty of ammunition left