{"id":146512,"date":"2019-04-26T08:13:27","date_gmt":"2019-04-26T12:13:27","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=146512"},"modified":"2019-04-26T07:01:57","modified_gmt":"2019-04-26T11:01:57","slug":"the-dollar-index-is-testing-two-year-highs-investors-expect-us-gdp-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/04\/the-dollar-index-is-testing-two-year-highs-investors-expect-us-gdp-data\/","title":{"rendered":"The Dollar Index Is Testing Two-Year Highs. Investors Expect US GDP Data"},"content":{"rendered":"
April 26, 2019<\/div>
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by\u00a0JustForex<\/a><\/strong><\/p>\n

Demand for the US currency is still high. Yesterday, the US dollar strengthened slightly against the basket of major currencies. At the moment, the dollar index (#DX) has become stable near two-year highs. The United States has published mixed economic releases. Core durable goods orders rose by 0.4% in March, although investors expected growth by only 0.2%. However, initial jobless claims increased to 230K instead of 199K. Today, investors have taken a wait-and-see attitude before the publication of US GDP data for the first quarter of 2019. We recommend taking into account the difference between the actual and forecasted values.<\/p>\n

The euro has stabilized after aggressive sales the day before. Yesterday, ECB Vice President, Luis de Guindos, said that the regulator was ready to resume a quantitative easing program (QE) to stimulate inflation in the Eurozone. The official also added that he expected growth in the Eurozone economy by 1.1-1.2% in 2019.<\/p>\n

The “black gold” prices have moved away from annual highs. In the near future technical correction is not excluded after a protracted rally. At the moment, futures for the WTI crude oil are testing the mark of $64.90 per barrel.<\/p>\n

Market Indicators<\/h2>\n

Yesterday, there was a variety of trends in the US stock market: #SPY (-0.06%), #DIA (-0.52%), #QQQ (+0.41%).<\/p>\n

The 10-year US government bonds yield is at the level of 2.52-2.53%.<\/p>

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<\/div>\n
The news feed for 2019.04.26:<\/div>\n

– US GDP data at 15:30 (GMT+3:00).<\/p>\n

by\u00a0JustForex<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

by\u00a0JustForex Demand for the US currency is still high. Yesterday, the US dollar strengthened slightly against the basket of major currencies. At the moment, the dollar index (#DX) has become stable near two-year highs. The United States has published mixed economic releases. Core durable goods orders rose by 0.4% in March, although investors expected growth […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-146512","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=146512"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146512\/revisions"}],"predecessor-version":[{"id":146515,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/146512\/revisions\/146515"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=146512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=146512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=146512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}