Forex Today: US Dollar demand resurges amid upbeat US growth data – by ValBednarik EURUSD XAUUSD GDP Equities
The US Dollar recovered its shine on Thursday, and despite still trading within familiar levels against most of its major rivals, it currently stands near weekly highs. The Greenback got boosted by an upbeat USBy contrast, UK economic progress shrank at a faster-than-anticipated pace, with the Q3 GDP down by 0.3%. The news fueling speculation the UK’s recession will likely last throughout the upcoming year.ended the day with modest losses.
The AUD/USD pair reached a fresh weekly high of 0.6766 but ended the day in the red, down 100 pips. The If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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