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A snapshot of the strongest and weakest as the day comes to an end

Discussion in 'Technical Analysis' started by ForexLive, Aug 9, 2016.

  1. ForexLive

    ForexLive Forum Member

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    JPY is the strongest. GBP is the weakest US 2Q productivity was weaker than expectations at -0.5% vs +0.4% expectations and that helped give the US dollar a softer tone in trading today. This was despite better data from wholesale sales which were stronger at 1.9% and wholesale inventories which increased by 0.3%. Despite the gains in inventories the Atlanta Fed GDP now estimate dipped slightly to 3.7% from 3.8%. Bond yields were lower in trading today after a few days of gains on the back of the stronger US employment on Friday.

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