12:30 USD Gross Domestic Product Price Index (Q1) PRELIMINAR 2.0% 2.1% |
12:30 USD Gross Domestic Product Annualized (Q1) PRELIMINAR 1.3% 2.1% |
Changes in the GDP price index are followed as an indicator of inflationary pressure that may anticipate interest rates to rise.
Generally speaking, a high reading is seen as positive, or bullish for the USD, while a low reading is seen as negative, or bearish.