US GDP
Eye on Today’s U.S. GDP

Eye on Today’s U.S. GDP

Nvidia's highly anticipated earnings report was released yesterday, but despite the numbers beating market consensus, the performance lacked a "wow" factor for investors. As a result, the market seemed to have already priced in the earnings, leading to a decline in all three major indexes on Wall Street. Despite yesterday's technical correction, Nvidia's strong earnings suggest that the tech industry remains robust, with ongoing demand for Nvidia's chips potentially driving future gains

2024-08-29
USD Uptrend Extends on GDP as GBP Suffers on Latest Brexit Woes

USD Uptrend Extends on GDP as GBP Suffers on Latest Brexit Woes

The US Dollar uptrend may extend after resistance was taken out on US GDP, Alphabet and Twitter earnings propelled the S&P 500 higher. GBP/USD is vulnerable to the latest Brexit woes.

2019-07-28
EURUSD Oscillates After ECB, Gears up for US GDP Data Ahead

EURUSD Oscillates After ECB, Gears up for US GDP Data Ahead

EURUSD violently oscillated before settling unchanged after the ECB rate decision and commentary. The pair is now bracing for the release of US GDP data.

2019-07-26
US Dollar Turns to GDP Data & Fed Rate Cut Bets

US Dollar Turns to GDP Data & Fed Rate Cut Bets

With US GDP data on deck for Friday's trading session, forex market participants will likely scrutinize the report for insight into the Fed's upcoming policy decision and its impact on the US Dollar.

2019-07-25
US Dollar Fell on Mixed GDP, Crude Oil Prices at Uptrend Support

US Dollar Fell on Mixed GDP, Crude Oil Prices at Uptrend Support

The US Dollar fell on mixed GDP data, crude oil prices dropped to uptrend support as Trump pressured OPEC to lower prices. Japanese markets are offline, offering less liquid conditions.

2019-04-28
Crude Oil Price Crumbles on Trump Call to OPEC Despite US GDP Beat

Crude Oil Price Crumbles on Trump Call to OPEC Despite US GDP Beat

Crude oil dropped a whopping 4 percent before trimming losses following reports that President Trump called OPEC to put pressure on the oil cartel to increase market supply and send prices lower.

2019-04-26
US GDP Fueled Gold Price Reversal Risk, USD Awaits Jerome Powell

US GDP Fueled Gold Price Reversal Risk, USD Awaits Jerome Powell

Better-than-expected US GDP boosted the US Dollar as gold prices tumbled. JPY/CHF fell as geopolitical risks in Asia rose. Equities may pause declines, all eyes

2019-03-01
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