US GDP to have the final word as EUR switches camps


The euro has switched sides and is now trading higher with risk currencies and higher oil prices, as well as the pound, which is licking its wounds. The last word of the week comes from the first revision of US GDP, that could remind us about the vulnerability of the recovery. Also note the Fed’s favorite inflation number: the Core PCE Price Index and German inflation data that impacts the ECB. Headlines from the G-20 summit are unlikely to make real waves in markets.

Wrap up of the morning show for February 26th 2016:

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About Author

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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