Pound Sterling is recovering against Dollar
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
An important indicator may support the USD
The United States will release the level of preliminary GDP growth on August 29, at 15:30 MT time.
The GDP growth shows the change in the value of all goods and services produced by the economy. Economists pay attention to this indicator as it represents the economic activity of a country. According to the forecasts, the indicator will advance by 2%.
• If the actual level of indicator is higher than the forecast, the USD will rise;
• If the actual level of indicator is lower than the forecast, the USD will fall.
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The CAD awaits the retail figures
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Latest news
Pound Sterling is recovering against Dollar
The British pound has increased in value over the course of the past week in line with an ongoing improvement in investor sentiment.
Euro zone suffers loss of economic activity
Economic activity in service sector in the Euro zone and the UK is on its lowest rates since 2009.
USD: easy there
Jerome Powell made a rare appearance in the public media this Thursday. What did he bring to the audience?
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