Dollar May Finally Break Its Range With The GDP Release (Forex Video)

Published August 28th, 2008 - 12:50 GMT
Al Bawaba
Al Bawaba

After 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 DailyFX Calendar to get the full listing.

Stories to watch on DailyFX

·          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 DailyFX Analysts' lists in the DailyFX Analysts Picks section.

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