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Challenges Ahead for the USD: A Q4 Forecast

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 7, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    The US economy fared relatively well throughout the quarter with some signs of strengthening evident within the economy. US GDP growth remains moderate growing by an annualised rate of 3.9% q/q in Q2, but a significant output gap is still clearly evident. In particular, a combination of a rampantly bullish US dollar and lower crude oil prices has acted as a headwind to economic growth. The buoyant energy sector, in particular, has been hit hard by depressed prices, which has caused a reduction

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