The dollar traded mostly flat today, though it fell against some
US GDP rose 2.9% in Q3 2016 according to the preliminary figure (the first of the three estimates) after increasing 1.4% in Q2. The analysts’ forecast was more modest, promising just 2.5% growth. (Event A on the chart.)
Michigan Sentiment Index fell from 91.2 in September to 87.2 in October according to the revised estimate, which was below the preliminary value of 87.9 and the median forecast of 88.2. (Event B on the chart.)
If you have any comments on the recent EUR/USD action, please reply using the form below.