US GDP beats the optimistic expectations with 3.2% annualized growth in Q1. The US Dollar is on the rise — more to come Join our live US GDP coverage The US was expected to report an annualized growth rate of 2.1% in the first release of GDP for the first quarter of 2019. The largest economy in the world is looking better than other economies. Real expectations were probably higher. The latest Durable Goods Orders came out well above the early forecasts, raising the projections. In addition, the Atlanta Fed’s GDP forecast stood at 2.7% in the latest read. The US Dollar was consolidating its gains ahead of the publication, with EUR/USD trading around 1.1130. The 2019 low was 1.1118 and resistance is seen at 1.1176, the previous yearly trough. GBP/USD was trading around 1.2900, around the two-month lows. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Real GDP (first estimate) expanded 3.2% in Q1 (YoY) vs 2.1% expected FX Street 4 years US GDP beats the optimistic expectations with 3.2% annualized growth in Q1. The US Dollar is on the rise -- more to come Join our live US GDP coverage The US was expected to report an annualized growth rate of 2.1% in the first release of GDP for the first quarter of 2019. The largest economy in the world is looking better than other economies. Real expectations were probably higher. The latest Durable Goods Orders came out well above the early forecasts, raising the projections. In addition, the Atlanta Fed's GDP forecast stood at 2.7% in the latest read. … Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
