Dollar May Finally Break Its Range With The GDP Release (Forex Video)
Posted: 28-08-2008 , 00:50 GMT
After two weeks of congestion, the US 2Q GDP revision numbers will bring volatility and the potential for renewed trends.
· Durable goods orders are stronger than expected, but this is a small improvement to a growing problem. · Event risk heats up tomorrow with US, European, UK, Canadian and Japanese data due. Look to the DailyFX Calendar to get the full listing.
Stories to watch on DailyFX
· With interest rate expectations cooling quickly and the growth outlook on the edge, can the dollar's rally survive? · See what trade setups are topping the DailyFX Analysts' lists in the DailyFX Analysts Picks section. Send any comments or questions to jkicklighter@dailyfx.com.
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