We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Mixed
Oil - US Crude
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.91% US 500: 0.14% FTSE 100: 0.12% France 40: 0.06% Germany 30: 0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/hZuIomNwSE
  • The United States will not certify the autonomy of Hong Kong, putting its trade status in danger - BBG
  • RT @Lagarde: I am heartened to see this common European answer to the economic difficulties resulting from the coronavirus pandemic. #Stron…
  • Hey traders! With the bullish bias in the past few days, what are some highlights we are getting into today? Find out 👇 from @DailyFX Chief Strategist, @JohnKicklighter ! https://t.co/eXO2YWutRY
  • https://t.co/Mi7kAVUVOI
  • El crudo #WTI se juega los 35$ por barril en un marco político preocupante #oil #petroleo #trading https://t.co/B6NjYvTgs8
  • Austria's Kurz says EU plan's loan vs grant split and size needs to be debated $EUR
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.11% 🇯🇵JPY: -0.13% 🇨🇭CHF: -0.29% 🇳🇿NZD: -0.59% 🇬🇧GBP: -0.84% 🇦🇺AUD: -1.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/2f7woqEyzE
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: France 40: 1.16% Germany 30: 0.81% FTSE 100: 0.71% Wall Street: 0.53% US 500: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/UHNz6zjlW6
  • Heads Up:🇬🇧 Prime Minister Johnson Testimony due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-05-27
U.S. GDP Growth Disappoints By 0.1%

U.S. GDP Growth Disappoints By 0.1%

2016-01-29 14:30:00
Quasar Elizundia, Currency Analyst
Share:

Talking Points:

  • Q4 2015 GDP was lower than expected
  • USDOLLAR performing at its best day so far in 2016

Today’s GDP results for the U.S. economy was below the 0.8% forecasted by economists ending up with a 0.7% QoQ growth for the last quarter of 2015.

The U.S. GDP QoQ growth has been decreasing over the last two quarters from a +3.9% QoQ in the second quarter of 2015 to a + 2.0% growth in Q3 2015 to end-up 4Q 2015 at +0.7%.

USDOLLAR 30 Min. Chart

U.S. GDP Growth Disappoints By 0.1%

After the GDP announcement, the USDOLLAR trades to the upside, keeping its upward momentum that started after the BoJ decision to have negative interest rates.

---Written by Quasar Elizundia – Market Research Analyst Intern

Interested in Trading Forecast for the US Dollar? Click HERE.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.