BREAKING: USD extends gains after US GDP first release 💵

US GDP QoQ Advance Actual 2.8% (Forecast 2.9%, Previous 3%)
US Core PCE Prices Advance Actual 2.2% (Forecast 2.1%, Previous 2.8%)

The U.S. dollar extended gains following the release of the initial Q2 GDP report, which, despite indicating strong economic growth at 2.9%, fell below expectations.

Preliminary data shows another quarter of strong U.S. economic growth. With such figures, investors aren’t concerned about an impending recession. The dollar is gaining because a strong economy combined with a robust labor market (ADP) increases the likelihood of a hawkish stance from the Fed at its next meeting in November.

30 October 2026, 4:05 PM

🔴Three Markets to Watch Next Week: US500, BITCOIN, EURUSD (30.10.2026)

30 October 2026, 3:33 PM

Gold prices drop sharply at the end of October. The collapse of the safe-haven myth or a search for liquidity?

30 October 2026, 9:55 AM

Chart of the Day: USDJPY After Fed and BoJ decisions. Is Japan getting closer to another rate Hhike?

30 October 2026, 6:56 AM

Economic Calendar: Preliminary European GDP and German Inflation in Market Focus

Forex Economic reports

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