The first look at US Q2 GDP beat market expectations with ease and further boosted the US dollar ahead of next weeks highly anticipated FOMC rate decision.
The Euro is looking to revised Eurozone GDP data having shrugged off disappointing performance in Germany. The US Dollar may rise if retail sales data
The Euro may fall alongside stocks and commodity bloc currencies if soft fourth-quarter GDP data cools ECB rate hike bets and stokes global slowdown fears.