Breaking News

Final US GDP q/q Is Expected To Be Good For US Dollar

News Date: 26/9/2014 00:08:27
 

The inflation-adjust value of all goods and services produced by the economy  is expected today to increase from 4.2% to 4.6% and the Dollar after yesterday rest is ready to continue showing strength against Gold and majors.

In case the number came in green than USD might retest all yesterday supports on EURUSD and GBPUSD, also currencies of the far-east AUDUSD, NZDUSD already on the time of writing this report are testing already yesterday support and USDJPY is trying to recover from yesterday fall to jump again above 109.

Gold did bounce yesterday after touching 1206 support and currently at 1224, in case Dollar got a good number today Gold might retest 1206 and might be followed by 1200. On the other hand in case the number came in red Dollar might weakened on all majors and on Gold Chart.

Provided by FxHighWay 

Latest news

The number of global Coronavirus infections is increasing at an unexpected speed, and German Chancellor Angela Merkel said yesterday that the pace of new infections is advancing day after day, and at
11-2020 17 08:37:57

Japanese stock indices closed lower today, due to undermining investor sentiment for fear of a rise in Corona cases, and the Nikkei index fell by 0.53% to 25385.87 points, and over the course of a we
11-2020 13 05:10:43

The US dollar manage this morning, to achieve progress during the trading session, as the « safe currency » rose by 0.04% to indicate 93.073, and the dollar fell against the Japanese yen
11-2020 12 08:11:42

Trump is still trying to raise the curtain on the corruption – as he claims – which was defined by the polling process in the last major US election that was sorted by Democrat Joe Biden,
11-2020 11 08:58:20

Most of the global markets rebounded on Monday, right after the opening of the weekly trading session, after Democrat Joe Biden won the US presidential elections, and both stocks and commodities rebo
11-2020 10 09:23:45

More News

Logs

Advertisements