Dollar May Finally Break Its Range With The GDP Release (Forex Video)
Wed, Aug 27 2008 4:50 PM ESTAfter two weeks of congestion, the US 2Q GDP revision numbers will bring volatility and the potential for renewed trends.
· Durable goods orders are stronger than expected, but this is a small improvement to a growing problem.
· Event risk heats up tomorrow with US, European, UK, Canadian and Japanese data due. Look to the Calendar to get the full listing.
Stories to watch on
· With interest rate expectations cooling quickly and the growth outlook on the edge, can the dollar's rally survive?
· See what trade setups are topping the Analysts' lists in the Analysts Picks section.
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