BREAKING: USD muted after US GDP data

The US economy advanced by an annualized 2.3% in the third quarter, following a 6.7 % expansion in the previous three-month period, above analysts’ estimate of 2.1%, the third revision showed. The deceleration in real GDP in the third quarter was led by a slowdown in consumer spending. A resurgence of COVID-19 cases resulted in new restrictions and delays in the reopening of establishments in some parts of the country. In the third quarter, government assistance payments in the form of forgivable loans to businesses, grants to state and local governments, and social benefits to households all decreased.

The core PCE price index rose 4.6% QoQ, after a 6.1% advance in the second reading and above market expectations of 4.5% increase.

EURUSD saw a relatively small reaction to today’s data releases. The most popular currency pair continued to trade around 1.1300 level. Source: xStation5

12 June 2026, 3:08 PM

BREAKING: USDIDX decline despite strong University of Michigan data

12 June 2026, 12:41 PM

French luxury companies and banks gain as the inflation rises

12 June 2026, 12:25 PM

UK GDP Contracted and the Pound is Up? 🇬🇧 💷

12 June 2026, 8:36 AM

Macro Calendar: Wrapping up an intense week (12.06.2026)

Economic reports

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