August 2009 Blog Posts (21)
The Forex Daily Digest – August 3, 2009
The USD fell more than 1% at the end of the week after the U.S. government said the economy contracted less than economists expected, but still indicated negative trends in consumer spending. Gross domestic product fell 1% in the second quarter, better than the 1.2% decrease which was expected by economists. Traders picked through revisions of past data and components of the report and watched stocks since the USD is so closely tried to indications of investors' risk appetite.
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Added by Forex Daily Digest on August 2, 2009 at 8:38pm — No Comments
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