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

Yohay Elam
Updated:

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:

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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