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GDP Preview: A return to the New Normal or a

Yohay Elam
Updated:

Growth has been poor, hovering just above 1% in recent quarters. Expectations are for a return to the new normal of around 2.5%. The USD has the necessary momentum to absorb also 2%, but any number under this level could push back a rate hike. Also, it could serve as ammunition for Trump, adding to market uncertainty. A 3% read will cement the rate hike.

Video preview for the first release of Q3 GDP, due for Friday, October 28th, at 12:30 GMT:

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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