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.
The important release may support the greenback
The United States will publish the advance GDP growth on July 26, at 15:30 MT time.
We all know that the GDP measures economic activity and shows the economic health of a country. There are three versions of US quarterly GDP releases. The advance release tends to be the most important out of them as it is the earliest one. Last time, the GDP growth improved by 3.2%. It supported the USD.
• If the advance GDP growth is higher than the expectations this time, the USD will rise;
• If the advance GDP growth is lower than expectations, 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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