U.S. Forex Market Commentary |
|
EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4670 level and was capped around the $1.4810 level. Data released in the U.S. today saw Q2 gross domestic product growth of an annualized 3.3%, above the 2.7% forecast. The gains were attributable to exports growth and increased consumer spending. Also, the core personal consumption expenditures price index was unchanged at 2.1%, still above the Federal Reserve’s
Filed under: Fundamental
Latest Posts
- 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
- Economic slowdown continues