
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 final US GDP will be out at 14:30 MT on March 25. The GDP growth is one of the most important economic indicators for any country and especially for the US. Therefore, traders pay a lot of attention to it. There are 3 versions of GDP released a month apart - Advance, Preliminary, and Final. This report is the third and the last one. The Preliminary report revealed the economic expansion of 4.1% in Q4 2020, slightly higher than the Advance one, which was 4%. In comparison with the 33.4% growth in the third quarter, the Q4 data, of course, wasn’t so encouraging. The continued increase in Covid-19 cases and social distancing restrictions pressed down consumer spending.
Nothing is easier! Open our economic calendar at 14:30 MT on Thursday and follow the rule below.
Instruments to trade: EUR/USD, GBP/USD, AUD/USD, USD/CAD
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!
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!
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