{"id":669,"date":"2011-01-28T11:27:03","date_gmt":"2011-01-28T11:27:03","guid":{"rendered":"http:\/\/www.mycurrencytransfer.com\/blog\/?p=669"},"modified":"2011-01-28T11:27:04","modified_gmt":"2011-01-28T11:27:04","slug":"rational-fx-us-gdp-data-out-today-28012011","status":"publish","type":"post","link":"https:\/\/www.mycurrencytransfer.com\/blog\/rational-fx-us-gdp-data-out-today-28012011\/","title":{"rendered":"Rational FX: US GDP data out today [28\/01\/2011]"},"content":{"rendered":"<div><span style=\"color: #666666; font-family: Arial;\"><strong><\/p>\n<p><strong>Market movers Yesterday<\/strong><\/p>\n<p><\/strong><\/span> <\/p>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>There was no data out for the UK yesterday; however there was some movement in sterling due to the BOE minutes released on Wednesday, regarding the possibility of interest rates being hiked later on in the year which is seeing sterling trade higher against its major counterparts.<\/p>\n<p><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>The euro zone saw data came in the way of the German CPI yesterday, these were seen lower on the MoM partially due to weather conditions in Europe\u00a0 towards the end of the year which was seen as factor. However the YoY came in higher this shows a fair reflection of economic growth within Germany with heating oil, gasoline and electricity prices could have pushed up the yearly inflation rate by up to 0.2%.<\/p>\n<p><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>Consumer confidence was the final piece in data from the euro zone these came in lower the than the month prior, this continues to show the notion that people are still aware of the concerns regarding the euro and eurozone uncertainties.<\/p>\n<p><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>Durable goods and initial jobless claims were the only two pieces of data from the United States. Initial jobless claims were released higher than last month and show that a weakness in the unemployment market which is major concerns in the US economy as the rate edge towards the 10%. Durable goods were lower in December showing<\/p>\n<p><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #666666; font-family: Arial;\"><strong><\/p>\n<p><strong>Market movers Today<\/strong><\/p>\n<p><\/strong><\/span> <\/p>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>There is no data from the UK and euro zone today; however as all Fridays traders will be squaring positions ahead of the weekend so we could see some movement in early morning and afternoon trade.<\/p>\n<p><\/span><\/li>\n<\/ul>\n<ul>\n<li><span style=\"color: #666666; font-family: Arial;\">\n<p>The only piece of data from the United States comes in the way of the GDP, this will be seen as a key piece of data from the world\u2019s biggest economy and looking for an increase will of over 1% which would give the US a boost against its major counterparts.<\/p>\n<p><\/span><\/li>\n<\/ul>\n<p><span style=\"color: #666666; font-family: Arial;\"><strong><br \/><\/strong><\/span><span style=\"color: #666666; font-family: Arial;\"><strong> <\/strong><\/span><\/div>\n<div>\n<table style=\"border-collapse: collapse;\" border=\"1\" cellspacing=\"0\" cellpadding=\"3\" width=\"40%\" bordercolor=\"#000000\">\n<tbody>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> <\/span><span style=\"color: #666666; font-family: Arial;\">Currencies<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> High<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Low<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Support<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> Resistance<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> GBP\/EUR<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1650<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.1585<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1550<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.1650<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> GBP\/USD<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5934<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5830<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.5830<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.5940<\/span><\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> EUR\/USD<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3758<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3635<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\"> 1.3630<\/span><\/div>\n<\/td>\n<td width=\"20%\" valign=\"top\">\n<div><span style=\"color: #666666; font-family: Arial;\">1.3760<\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"> <\/span><\/div>\n<div><span style=\"color: #666666; font-family: Arial;\"><span style=\"font-family: Arial;\">We wish you a very nice day.<\/p>\n<div><a title=\"Request a FREE no obligation quote from RationalFX\" href=\"http:\/\/www.rationalfx.com\/\">The RationalFX Team<\/a><\/div>\n<p><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Market movers Yesterday There was no data out for the UK yesterday; however there was some movement in sterling due to the BOE minutes released on Wednesday, regarding the possibility of interest rates being hiked later on in the year which is seeing sterling trade higher against its major counterparts. The euro zone saw data came in the way of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,27,24],"tags":[52],"_links":{"self":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/669"}],"collection":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/comments?post=669"}],"version-history":[{"count":1,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/669\/revisions"}],"predecessor-version":[{"id":670,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/posts\/669\/revisions\/670"}],"wp:attachment":[{"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/media?parent=669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/categories?post=669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mycurrencytransfer.com\/blog\/wp-json\/wp\/v2\/tags?post=669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}