
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 level of quarterly advance GDP growth on April 26, at 15:30 MT time.
The GDP growth shows the annualized change in the value of all goods and services. We pay attention to its advance release as it is the earliest data, which tends to have the biggest impact. Last time the indicator increased by 2.2%. The actual figures were higher than the expectations. As a result, the greenback got positive momentum. If the situation repeats itself this time, the USD may rise again.
• If the actual level of the indicator is higher than expected, the USD will go up;
• If the actual level of the indicator is lower than expected, the USD will go down.
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.
About 24% of global central banks intend to increase gold reserves in 2023. Rising inflation, geopolitical turmoil, and worries about interest rates are reasons to increase gold reserves.
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The US dollar index breaks one resistance after another. Read the report to learn the next target for the US dollar index!
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