27.06 - USD is waiting for the opportunity to surge even higher
- by Anna K.
GDP is one of the most important pieces of economic information that the country can publish. It is a primary measure of economic health and activity of the country and as a result this is a piece of data that can tell us almost everything we need to know about the real state of national economy of the country in question. And American GDP data, well that is just bound to attract our attention, isn’t it?
We are of course talking about it as today we are going to see and hear everything about American GDP. That is exactly why we need to be on the lookout for the changes in USD price and the price of other assets, tightly connected to the USD.
Right now the greenback is recovering from the falls and weaknesses that the week was begun with. We are hoping for neutral economic data though, as we do not want rapid changes in price for gold and EUR/USD but it seems like the majority of traders has already made up their mind as, as we can see USD is now seeing a very hard climb.
With price for the most popular currency changing like that we certainly need trading signals. This way we are going to be able to track all of the changes and movements in the financial market.