USD/CAD slides below 1.2950 on soft US dollar ahead of Powell’s speech – by christianborjon USDCAD UnitedStates GDP Employment Fed
US GDP Q2 figure, albeit better than expected, is still in recessionary territory.
The USD/CAD hit a daily high of around 1.2975, before diving, towards its daily low, around 1.2895, while Growth in the US, as measured by the Gross Domestic Product for the second quarter of 2022, on its second reading, beat expectations. Still, flashes recessionary signs at -0.6%, higher than 0.8% estimates.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
USD/CAD ignores firmer oil price to regain 1.2950 ahead of Fed Chair Powell’s showdownUSD/CAD recovers from weekly low as traders await the key US inflation gauge and Fed Chair Jerome Powell’s speech at the Jackson Hole in early Friday.
Les mer »
Forex Today: USD Recovered as Fed Hints at Tight PolicyForex Today: US Dollar Recovered as Fed Hints at Tighter Policy Federalreserve Policy USD
Les mer »
AUD/USD bounces off daily low, remains below 0.7000 mark ahead of US PCE/Fed’s PowellAUD/USD bounces off daily low, remains below 0.7000 mark ahead of US PCE/Fed’s Powell – by hareshmenghani AUDUSD Fed Recession Inflation Currencies
Les mer »
Gold Price Forecast: XAU/USD slips below $1,755, awaits Powell's speech at Jackson HoleGold Price Forecast: XAU/USD slips below $1,755, awaits Powell's speech at Jackson Hole – by hareshmenghani Gold Commodities Fed InterestRate XAUUSD
Les mer »
USD/CHF Price Analysis: Clears the 50/100-DMAs on its way to 0.9700USD/CHF advances during the North American session, up by 0.31%, bolstered by a strong US dollar, despite a release of mixed US economic data ahead of
Les mer »