Friday, July 31, 2009

RBS: U.S. GDP may provide support for commodity currencies

According to analysts RBS, if today's U.S. GDP data for the 2 nd quarter (16:30 AM EDT) will be better than forecasts, it will support a pair of dollar / yen, as will demonstrate the restoration of the world economy. In addition, consider a bank, a good indicator of the GDP will also provide a positive impetus to trade currencies like the Australian and Canadian dollars. U.S. GDP is projected at 1.5%.

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