US GDP beats, USD rises

Forums Making Money US GDP beats, USD rises

This topic contains 0 replies, has 1 voice, and was last updated by ForexKing ForexKing 2 months, 2 weeks ago.

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  • ForexKing
    ForexKing
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    US GDP was expected to slow down to 2.3% in Q4 2018. The USD was stable against most currencies ahead of the publication.

    US economic growth expected to cool in fourth quarter. Delayed reporting on retail sales may have affected GDP calculation. GDP forecast to be over 3% for 2018. The Bureau of Economic Analysis a division of the Commerce Department will issue its first estimate for annualized gross domestic product in the fourth quarter at 8:30 am EST, 13:30 GMT on Thursday February 28th. The release was originally scheduled for January 30th but was delayed by the partial government shutdown that ended on January 25th.

    seems like  things are going to be volatile? what do you guys think?

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