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US GDP Falls to 2.4%

Posted by Scott Boyd at 8:54 am UTC, 07/30/2010

The US Commerce Department announced today that the US Gross Domestic Product (GDP) fell to an annualized rate of 2.4 percent in the second quarter, compared to 3.7 percent in the first quarter. The result is the latest in mounting evidence suggesting that the US economy is slowing.

Filed under: Forex Round Up, USD

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Posted under USD, EUR, GBP, CHF, JPY at 12:53 pm UTC, 05/23/2012
Posted under USD, EUR, GBP, CHF, JPY at 12:52 pm UTC, 05/23/2012
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May
24
Today’s Global
Market Events
8:30am
CAD
Corporate Profits q/q
9.0%
USD
Core Durable Goods Orders m/m
1.1% vs. -0.8%
USD
Unemployment Claims
372K vs. 370K
USD
Durable Goods Orders m/m
0.5% vs. -4.0%
9:00am
EUR
ECB President Draghi Speaks
EUR
Belgium NBB Business Climate
-10.6 vs. -10.7
10:30am
USD
FOMC Member Dudley Speaks
USD
Natural Gas Storage
77B vs. 61B
1:00pm
USD
FOMC Member Dudley Speaks
3:00pm
USD
Treasury Sec Geithner Speaks
7:30pm
JPY
Tokyo Core CPI y/y
-0.5% vs. -0.5%
JPY
National Core CPI y/y
0.1% vs. 0.2%