Higher numbers than forecast tend to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The typical/expected impact on USD pairs is medium.
The consensus forecast for Gross Domestic Product Price Index is 2.4%. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.
The most recent announced value for Gross Domestic Product Price Index was 2.4% against a forecast of 2.2%.
Recent economic data has been moderately bearish for USD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product Price Index result:
Country: | United States |
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Currency: | USD |
Source: | US Bureau of Economic Analysis |
Category: | Economic Activity |
Frequency: | Quarterly |