1:33 PM · 30 August 2023

BREAKING: Dollar weakens after lower US GDP report!

US, US GDP report for Q2.

GDP growth (annualized). Actual: 2.1%. Expected: 2,4%. Previous: 2.0%
PCE core. Actual: 3.7% QoQ. Expected: 3.8% QoQ. Previous: 4.9% QoQ

Final US GDP for Q2 came lower than expected at 2.1% y/y versus 2.4% expected. EURUSD ticks higher after the publication. US economy may not be as strong as previously expected and thus it lowers chances for the next hikes. The really important macro data will be released tommorow regarding US labor market.

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Daily summary: Geopolitics and debt continue to weigh on valuations

31 August 2026, 7:58 AM

Economic Calendar - Hawkish Fed, Middle East tensions set the pace for markets (31.08.2026)

31 August 2026, 6:45 AM

⚠️Morning Wrap: USA and Iran exchange blows, oil prices rise, and markets fear a hawkish Fed (31.08.2026)

28 August 2026, 7:01 PM

Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole

Forex Economic reports

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