Hi everyone,
indeed it's a big day for the dollar given that we have major financial data bein released in 3 hours:
Prelim GDP q/q
4.2% 4.0%
Core Durable Goods Orders m/m
0.6% 1.1%
Durable Goods Orders m/m
0.9% 0.5%
Prelim GDP Price Index q/q
2.0% 2.0%
Unemployment Claims
828K 861K
Pending Home Sales m/m
If data is not good we could see the dollar drop lower. It is now below 90 and the next support is at 84.65
indeed it's a big day for the dollar given that we have major financial data bein released in 3 hours:
Prelim GDP q/q
4.2% 4.0%
Core Durable Goods Orders m/m
0.6% 1.1%
Durable Goods Orders m/m
0.9% 0.5%
Prelim GDP Price Index q/q
2.0% 2.0%
Unemployment Claims
828K 861K
Pending Home Sales m/m
If data is not good we could see the dollar drop lower. It is now below 90 and the next support is at 84.65
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