US GDP

28 September, 2006 (16:12) | Journal, News Trading | By: Colin McGinley

US Real Gross Domestic Product, Q/Q - Final
28 September, 2006. 08:30 EST

Consensus estimates
Econoday: 2.9%
Forex Factory: 2.9%
Today FX: 2.9%
Yahoo!: 2.9%

Trade setup
Estimate: 2.9%
Trigger: +/- 0.5%

Trade result
Actual: 2.6%
Difference: -0.3%
Action: Scratch

US GDP

Only a 12 pip spike up, given the below expectation number, which was reversed within eight minutes to 15 pips below the pre-release price. Price meandered for the rest of the US session.

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