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Friday saw the release of US GDP figures, and as with many of their recent figures released, they were somewhat disappointing. Figures showed the American economy had grown but not at the rate experts had hoped. With this in mind, the concerns of the US slipping towards a double dip recession are becoming all to real, and as it is seen as a benchmark for the global economy the knock-on effects are bound to be seen on many currency pairs.

The FED chairman, Ben Bernanke, stated ‘unconventional’ policies were not overlooked and could be used to boost the US economy.

For more infomation on this data release and how it  will affect your transaction, please fill out the forms below to be contacted.