All Things Forex Trading Room: What will it Take for the USD to Regain its Footing?

In the trading room today: What will it Take for the USD to Regain its Footing? In the aftermath of the final reading for U.S. economic growth in the second quarter of the year, we focus on the USD and examine the factors that will play a key role in the greenback’s future efforts to regain its footing against the EUR and other currency majors, we analyze the range-bound price fluctuations in the EUR/USD currency pair, we keep an eye on the GBP/USD pair, we note the strengthening of the USD vs JPY, we highlight the market’s reaction to the U.K. and the U.S. GDP reports, we discuss new forecasts from BNP Paribas and Credit Suisse, and prepare for the trading session ahead.


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