
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
The United States will publish the Preliminary GDP on Thursday, May 26, at 15:30 GMT+3. This indicator represents the annual change in the value of all goods and services produced by the country’s economy.
The preliminary GDP is the broadest measure of economic activity. A significant increase in its figures shows that the economy is expanding. Therefore, it signals to the central bank that the bank needs more tightening.
Last time, the Preliminary GDP on came out in line with the forecasts. It rose by 7% and pulled the EURUSD lower to the support. If you opened a sell trade of one lot, you could have earned $630.
To trade on the event, you need to compare Actual with Forecast in the economic calendar.
Instruments to trade: EURUSD, GBPUSD, USDJPY
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
Mester (Fed) says the Fed will have to raise rates again this year. However, the US dollar index shows signs of a short-term decline. Read the full article and learn more!
Welcome to the first week of October! As usual, at the start of the week, we are looking for valuable insights that will bring us profits in trading. Let’s observe the main events.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!