Today's economic data reveals a potential slowdown in US economic growth, with the GDPNow report revising first-quarter estimates down to 2.7%. Mixed indicators, including strong nonfarm payrolls and declining PMI readings, have left the market uncertain. The impact on the US dollar remains unclear, with investors watching for further signs of economic weakness. As central banks worldwide face different challenges, traders should stay alert for volatility in the forex markets driven by shifting economic landscapes.
The latest economic data released today shed light on the current state of the US economy, with the ...Subscribe to access the full content