annualized gross domestic product of usa from 2002 to 2009

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Wall Street rises on financials and energies; USD falls ahead FOMC

FXstreet.com (Barcelona) - US stock market is rising for the first time this week as financials climbed up on Fox-Pitt analysts expect non-performing assets will peak at the end of 2009 and oil has rebounded above $50.0 a barrel. Wall Street is posting gains despite US Q1 GDP has posted a deeper decline than expected by market. The US annualized Gross Domestic Product has fallen 6.1% in the first quarter of the year, well below of 5.0% decreases expected bu

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Forex: GBP/USD falls below 1.4700 after worse than expected US GDP

Fxstreet.com (Barcelona) - GBP/USD is falling after the worse than expected US GDP, the pair has fallen around 40 pips from 1.4740 to test the 1.4700 level. On the day, The pair has risen 0.40% from opening price at 1.4641 to the currently range of 1.4695/1.4505.The US annualized Gross Domestic Product has fallen 6.1% in the first quarter of the year, well below of 5.0% decreases expected bu market but better than 6.3% decreases posted in the previous quarter. GDP

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Forex: USD/CHF finds support at 1.1350 and is back to test 1.1400 level

FXstreet.com (Barcelona) - After falling around 75 pips in the European session from 1.1424 to reach 1.1349, fresh intra-week low, the USD/CHF has begun to rise to test 1.1400 level after the US GDP 1Q data releases. Currently the pair is trading around 1.1380/90, 0.45% decreases so far today from opening price at 1.1438.The US annualized Gross Domestic Product has fallen 6.1% in the first quarter of the year, well below of 5.0% decreases expected bu market but better than

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Forex: EUR/USD falls to test 1.3230 on US GBP data

Fxstreet.com (Barcelona) - Euro has fallen around 50 pips against Dollar after the US GDP 1Q data, from 1.3270, ahead data releases, to 1.3223. Currently the pair is trading around 1.3225/35 after rising 0.75% so far today from opening price at 1.3130.The US annualized Gross Domestic Product has fallen 6.1% in the first quarter of the year, well below of 5.0% decreases expected bu market but better than 6.3% decreases posted in the previous quarter. GDP price index rises 2.9%

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Forex: USD/JPY reacts down after the US GDP bad data

FXstreet.com (Barcelona) - USD/JPY has falling 35 pips from 96.00 to test intra-day low at 1.9565 in the first minutes after the worst than expected 1Q US GDP data. Currently the pair is trading around 95.65/75, posting 1.00% daily losses from opening price at 96.70.Gross Domestic Product Annualized has been revised to a 5.7% drop in the First Quarter of 2009 from the -6.1% posted previously. Market expectations was 5.5% decreases between January and March.Nick Nasad, Analyst at CMS, affirms

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Forex: GBP/USD tests 1.6175 resistance after the US 1Q GDP data

FXstreet.com (Barcelona) - GBP/USD has risen around 50 pips from 1.6130 to test the 1.6175 resistance level after the smaller than expected revision on US 1Q GDP data. Currently the pair is trading 1.6160/70, 1.30% above today's opening price action.Gross Domestic Product Annualized has been revised to a 5.7% drop in the First Quarter of 2009 from the -6.1% posted previously. Market expectations was 5.5% decreases between January and March.Nick Nasad, Analyst at CMS, affirms in his US GDP FXstreet.com

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GBP/USD: Pound drops to 1.4600 after GDP data

FXstreet.com (Barcelona) ? The Pound seems to have been hammered by UK GDP data, and the Pair has dropped about 80 pips from 1.4675 to levels right at Apr 23 low 1.4595. UK Gross Domestic Product relative to the first quarter has been released to have dropped 1.9% in the first quarter and 4.1% year on year, according to preliminary estimations by National Statistics. The quarterly decline has been the largest since 1979.The Sterling, which was attempting to recover from

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annualized gross domestic product of usa from 2002 to 2009

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