GDP came out negative putting the US in a technical recession.How has it impacted the USD?

[ad_1]

The USD GDP got here in unfavourable which put the US in a technical recession. How has it impacted the foreign money markets.

On this video, I check out the EURUSD, USDJPY, GBPUSD and the USDCHF from a technical perspective and merchants react to the information immediately and the FOMC determination yesterday.

EURUSD:

EURUSD bounces off 50% of the vary since July 14

USDJPY: The USDJPY fall on weaker GDP and decrease yields. Appears to be like towards swing low from June 23.

USDJPY strikes decrease on weaker knowledge

[ad_2]