Thu, 28 Jul 2022 12:35:07 GMT
Supply: Dukascopy Financial institution SA
On July 28, at 12:30 GMT, the US Bureau of Financial Evaluation printed the US quarterly Advance GDP knowledge for the second quarter of 2022. The market consensus for the GDP was at 0.4% progress. The precise knowledge revealed a decline of -0.9%.
In April, the Advance GDP revealed a -1.4% decline for the primary quarter of 2022. A second quarter of GDP decline, in some theories, marks a recession.
The EUR/USD reacted to the information with an instantaneous surge of 26 base factors or 0.25%.
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