The USD GDP came in negative which put the US in a technical recession. How has it impacted the currency markets.
In this video, I take a look at the EURUSD, USDJPY, GBPUSD and the USDCHF from a technical perspective and traders react to the data today and the FOMC decision yesterday.
EURUSD:
EURUSD bounces off 50% of the range since July 14
USDJPY: The USDJPY fall on weaker GDP and lower yields. Looks toward swing low from June 23.
USDJPY moves lower on weaker data
