Mid-Day Report: Dollar Tumbles on GDP & Jobless Claims, But Supported by Chicago PMI

Filed Under (Forex technical) by on 31-07-2008

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Dollar retreats further against most major currencies in early US session Q2 GDP missed expectation and grew at 1.9% annualized rate. GDP price index was rose much less than expected at 1.1%. Personal consumption grew 1.5% while PCE core was also below expecting, growing 2.1%. Jobless claims released today surged…

Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back

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