Final GDP for the second quarter of 2012 was revised from 1.7% to 1.3%. No change was expected in the third publication. It’s important to note that this “final revision” can be actually changed later on in the future. For those saying that the US is already in recession, this lower GDP figure provides fuel. Additional figures were published, and they aren’t all negative. After a few months that saw unemployment claims gradually climbing higher, they saw a surprising drop to 359K this time. Expectations stood only on a small drop from 385K to 378K, so this is a big positive surprise. On the other hand, durable goods orders plunged by 13.2%, far worse than -4.7% that was expected. This headline figure is volatile, but also the core number fell short of expectations. Core durable goods orders dropped by 1.6%. A small gain of 0.2% was expected. EUR/USD rose after the publication to 1.2885. USD/JPY is sliding towards 77.60. 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. Yohay's Google Profile View All Post By Yohay Elam Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. Forex News share Read Next Choppy waters FxPro - Forex Broker 9 years Final GDP for the second quarter of 2012 was revised from 1.7% to 1.3%. No change was expected in the third publication. It's important to note that this "final revision" can be actually changed later on in the future. For those saying that the US is already in recession, this lower GDP figure provides fuel. Additional figures were published, and they aren't all negative. After a few months that saw unemployment claims gradually climbing higher, they saw a surprising drop to 359K this time. Expectations stood only on a small drop from 385K to 378K, so this is a big… Top 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.
