LeoPrime Daily Market Analysis

We are a forex and commodities intermediary that accommodates
wide-ranging trading services to create the most user-friendly trading environment..

Mixed move post GDP

The Gross Domestic Product Annualized released by the US Bureau of Economic Analysis shows the monetary value of all the goods which is announced as 3.2% vs 2.1% expected. The market was collapsed with high volatility with EURUSD dropping till 1.11106 but bounced back all of a sudden forming new high for the day. Same way AUDUSD dropped around 0.70213 and GBPUSD around 1.28744. US PCE is only 0.6% and Core PCE is 1.3%. Personal Consumption rose by 1.2% which is slightly better than expected but below 2.5% in Q4.

Company Info

We are a forex and commodities intermediary that accommodates wide-ranging trading services to create the most user-friendly trading environment for both retail and institutional clientele. With years of gathered expertise as experience, we are not just invested in keeping up with the latest but also in generating custom solutions that are executable swiftly. Discover and flourish in our business model that has evolved to meet the skills of ace and naïve of a tyro with equal proficiency. If you’re looking to make the choice, then wait no further.