USD/CHF - US Dollar / Swiss Franc
Entry: 1.016
Stop: 1.013
Resistances: 1.022 - 1.018 - 1.0165
Supports: 1.0075 - 1.0105 - 1.014
EUR/CAD - Euro / Canadian Dollar
Entry: 1.3985
Stop: 1.402
Resistances: 1.4065 - 1.4025 - 1.3995
Supports: 1.384 - 1.3905 - 1.3945
GBP/JPY - British Pound / Yen
Entry: 180.8
Stop: 180.4
Resistances: 182.1 - 181.45 - 180.95
Supports: 179.05 - 179.85 - 180.4
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US economy grows at an annual rate of 1.6% in Q1 – LIVE
The US' real GDP expanded at an annual rate of 1.6% in the first quarter, the US Bureau of Economic Analysis' first estimate showed on Thursday. This reading came in worse than the market expectation for a growth of 2.5%.
EUR/USD retreats to 1.0700 after US GDP data
EUR/USD came under modest bearish pressure and retreated to the 1.0700 area. Although the US data showed that the economy grew at a softer pace than expected in Q1, strong inflation-related details provided a boost to the USD.
GBP/USD declines below 1.2500 with first reaction to US data
GBP/USD declined below 1.2500 and erased a portion of its daily gains with the immediate reaction to the US GDP report. The US economy expanded at a softer pace than expected in Q1 but the price deflator jumped to 3.4% from 1.8%.
Gold falls below $2,330 as US yields push higher
Gold came under modest bearish pressure and declined below $2,330. The benchmark 10-year US Treasury bond yield is up more than 1% on the day after US GDP report, making it difficult for XAU/USD to extend its daily recovery.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.