PDA

View Full Version : NOT ALL ECONOMIC RELEASES ARE CREATED EQUAL



oussama94
05-29-2017, 00:21
On the other side of the spectrum is the gross domestic product (GDP)
report, which resulted in an average move of 32 pips in 2007 compared to
43 pips in 2004. On a daily basis, the reaction to GDP in 2007 was less
than 90 pips, which mean that it did not even make it onto our list of most
market-moving indicators for the U.S. dollar. Back in 2004, the average
daily move in EUR/USD after the GDP release was 110 pips.