Euro and Aussie drift as the US dollar strengthens but GDP and FOMC are huge hurdles

It is going to be a huge 24 hours with the release of the advance estimate of US Q2 GDP and the FOMC decision. Looking first at the GDP – which is going to a monster number for the Euro – the market is expecting an annualised outcome of a massive 3% for Q2 according to the FX Street economic cale…

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Euro and Aussie drift as the US dollar strengthens but GDP and FOMC are huge hurdles

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