Friday Forex Traders Money Market Update. 29th June 2018

Thursday saw first quarter US GDP figures miss market estimates and US stock indexes rebounded helping lift currencies such as the Aussie, Kiwi and Canadian Dollars in the short term. US first quarter GDP came in at 2% annually vs the 2.2% the market expected however the markets rally on Thursday was more to do with the bounce in tech and financial stocks than anything to do with the weaker than expected GDP figures. Traders already had priced in their expectations for first quarter US growth and it’s the second quarter US GDP data that traders are expecting to really shine. With traders buying back into stocks the Yen was sold off, however I continue to hold the view that stock indexes globally will likely continue to weaken in coming weeks and months. #investing #wealth #finance #makemoney #moneymarkets #trading #trader #fxtrading #forex #forextrading #forexsignals #currencytrader #fxtrader #fxsignals #dreamjob #forexcoach #selfmade #profit #sunrise #bitcoin #cryptocurrency #disciplineequalsfreedom