One of the reasons that EUR/USD is trending higher stems from the divergence in growth. The euro-zone economy has grown at an annualized pace of 2% in Q1 2017 (0.5% q/q) while the US lagged behind with only 0.7% annualized. The second release of US GDP is expected to show stronger growth of 0.9% annualized. [...]
The post US GDP Preview: a buy opportunity on EUR/USD? 5 scenarios appeared first on Forex Crunch.
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