EUR/USD trading the range – all eyes on US GDP

After durable goods orders left the greenback leaning lower, we have more hard data from the US: an update on GDP. Will this help the greenback? EUR/USD is trading nicely in a well defined range ahead of the event. Also watch out for a late speech by Janet Yellen, yet a serious talk about monetary policy will probably have to wait.

Wrap up of the morning show for Friday May 27th 2016:

Get the 5 most predictable currency pairs

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.