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Fundamental Forex Analysis

GDP in first quarter contracts by 5% (third estimate) as expected

US’ real GDP in first quarter declined by 5% on a quarterly basis. US Dollar Index stays in the positive territory near 97.50 after the data. The real Gross Domestic Product (GDP) in the US contracted by...

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Fundamental Forex Analysis

GDP in first quarter contracted by 5% (second estimate) vs. 4.8% expected

Real GDP in first quarter is expected to decline by 5% in first quarter. US Dollar Index remains calm below 99 after data.  The real Gross Domestic Product (GDP) in the US contracted by 5% in the first quarter...

US Treasury Secretary Mnuchin: There will be a phase two of China trade talks
Fundamental Forex Analysis

China’s Q1 GDP estimate cut to -9% vs. +2.5% previous – Goldman Sachs

After downgrading the US GDP growth forecasts on Sunday, the Goldman Sachs economists cut China Q1 2020 as well as full-year growth estimates, in light of the coronavirus-led economic disruptions. Key quotes Q...

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Fundamental Forex Analysis

Annual GDP expanded 2.1% in Q4 (second estimate) as expected

US annualized GDP in fourth quarter stayed unchanged at 2.1% as expected. US Dollar Index stays in negative territory above 99.50.  Real Gross Domestic Product (GDP) in the US is expected to grow by 2.1% at an...

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Fundamental Forex Analysis

Annual GDP expanded 2.1% in Q4 (first estimate) as expected

US economy is seen expanding by 2.1% in Q4. US Dollar Index stays in negative territory below 98.  Real Gross Domestic Product (GDP) in the US is expected to grow by 2.1% at an annual rate in the fourth quarte...