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

24 July 2026, 9:30 AM

BREAKING: Eurozone recovery? Positive PMI data tempered by high oil and gas prices

23 July 2026, 7:51 AM

Economic Calendar: Big Tech, Tensions Over Iran, and the ECB’s Decision ⏰

22 July 2026, 7:15 PM

Daily Summary: Wall Street Stabilizes Despite Higher Oil Prices

22 July 2026, 8:33 AM

Economic Calendar: Time for Tesla and Google Earnings (22.07.2026)

Economic reports

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