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October 30th - Gross Domestic Product And Purchases, Jobless Rate

Only one trade today: we will follow the short term trend on USD CHF. In the forex calendar: 08:55 GMT: Unemployment Rate s.a. The Unemployment Rate released by the Bundesagentur für Arbeit shows , in a percent basis, the amount of unemployed people in Germany. A decrease in this indicator has positive implications for consumer spending which stimu

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Canada Gross Domestic Product declines 0.1% in Feb

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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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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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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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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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Canada Industrial Product Price rises 0.3% in Mar

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September 26th - Gross Domestic Product And Purchases, Michigan Consumer Sentiment Index

This week the market is calm... very quiet. We have some events in the forex calendar but I think we should wait for the next week with the nonfarm payrolls.12:30 GMT: Gross Domestic Product. The Gross Domestic Product annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods, services and structures produc

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Euro Underperforms as Fourth Quarter GDP Shrinks

(CEP News) - Stronger equity futures are helping to support the euro against the U.S. dollar, but Friday's weaker-than-expected fourth-quarter GDP reports from Europe are hurting the currency on other crosses.The euro is under pressure against the Canadian dollar and the pound, but up against the U.S. dollar and Japanese yen. EUR/USD hit a high of 1.2943 in overnight trading and is now relatively flat at 1.2862. EUR/GBP is the big surprise, which gave up all its gains made since

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