-
US Economy Grew Nicely – EUR/USD Rises
The US economy grew at an annual pace of 2.5% in Q3 2011 according to the first release. This is within expectations of a 2.4%-2.5% rise. Early expectations stood on a rise of 2.4%. The GDP Price Index which accompanies the GDP figure rose by 2.5%, as expected. US weekly unemployment claims printed 402K, as expected, also within expectations of 400K. The figures are OK, and they provide more fuel for the risk rally that was already ignited by the deal that was struck in the EU Summit. EUR/USD is moving up after this release and is confirming the break above 1.4030. The moves of EUR/USD are based mainly on the debt ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 27, 2011 8:48am Oct 27, 2011 8:48am
- Mustafa
- | Joined Jan 2011 | Status: Member | 7 Comments
- Comment #2
- Quote
- Oct 27, 2011 8:49am Oct 27, 2011 8:49am
- SalmanDhedhi
- | Joined Jul 2011 | Status: Member | 123 Comments
- Comment #3
- Quote
- Oct 27, 2011 8:56am Oct 27, 2011 8:56am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #4
- Quote
- Oct 27, 2011 8:59am Oct 27, 2011 8:59am
- SalmanDhedhi
- | Joined Jul 2011 | Status: Member | 123 Comments
- Comment #5
- Quote
- Oct 27, 2011 9:04am Oct 27, 2011 9:04am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #6
- Quote
- Oct 27, 2011 9:04am Oct 27, 2011 9:04am
- me-me
- Joined Jun 2011 | Status: Member | 221 Comments
- Comment #7
- Quote
- Oct 27, 2011 9:04am Oct 27, 2011 9:04am
- mehboob
- | Joined Dec 2010 | Status: Member | 189 Comments
- Comment #8
- Quote
- Oct 27, 2011 9:06am Oct 27, 2011 9:06am
- SalmanDhedhi
- | Joined Jul 2011 | Status: Member | 123 Comments
- Comment #9
- Quote
- Oct 27, 2011 9:07am Oct 27, 2011 9:07am
- SalmanDhedhi
- | Joined Jul 2011 | Status: Member | 123 Comments
- Comment #10
- Quote
- Oct 27, 2011 9:07am Oct 27, 2011 9:07am
- Sanol
- | Joined Apr 2011 | Status: Member | 40 Comments
- Comment #11
- Quote
- Oct 27, 2011 9:07am Oct 27, 2011 9:07am
- derelman
- | Joined Nov 2010 | Status: Member | 25 Comments
- Comment #12
- Quote
- Oct 27, 2011 9:10am Oct 27, 2011 9:10am
- mehboob
- | Joined Dec 2010 | Status: Member | 189 Comments
- Comment #13
- Quote
- Oct 27, 2011 9:11am Oct 27, 2011 9:11am
- Mustafa
- | Joined Jan 2011 | Status: Member | 7 Comments
- Comment #14
- Quote
- Oct 27, 2011 9:13am Oct 27, 2011 9:13am
- mehboob
- | Joined Dec 2010 | Status: Member | 189 Comments
- Comment #15
- Quote
- Oct 27, 2011 10:41am Oct 27, 2011 10:41am
- Hareii
- Joined Jun 2011 | Status: Member | 840 Comments