🔵The Federal Reserve issues the Gross Domestic Product report today at 12:30 PM GMT
⬅️ If the GDP comes in lower than 3.1% → Positive for cryptocurrencies (Crypto).
⬅️ If 3.2% is recorded → within expectations. Limited movements
🔷 Less than expected 🔻 The dollar weakens | 🔺 Gold rises
🔷 As expected ↔️ The dollar and gold have limited movements
Higher than expected 🔺 The dollar strengthens | 🔻 Gold declines
⬅️ Strong volatility expected at the time of data release
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🔵The Federal Reserve issues the Gross Domestic Product report today at 12:30 PM GMT
⬅️ If the GDP comes in lower than 3.1% → Positive for cryptocurrencies (Crypto).
⬅️ If 3.2% is recorded → within expectations.
Limited movements
🔷 Less than expected
🔻 The dollar weakens | 🔺 Gold rises
🔷 As expected
↔️ The dollar and gold have limited movements
Higher than expected
🔺 The dollar strengthens | 🔻 Gold declines
⬅️ Strong volatility expected at the time of data release