FXStreet – The U.S. Commerce Department today, the second estimate for gross domestic product (GDP) for January to March published. Experts expect the annual projected growth rate of 0.9 percent. The first estimate was 0.7 percent.
The current growth knife is considered the degree for the health of the world’s largest economy. In addition, the currency can be the judge of a guardian on the Basis of the gross domestic product, and whether there is further evidence of a slowdown in the rate of economic growth. This was last updated from the transcripts of the Federal open market Committee of the Federal Reserve.
The USD/JPY currency pair is before the release of the gross domestic product in the vicinity of the brand of 111,00 traded. Still in the Asian business, it is recorded close to 112,00. A constructive data set should have a positive impact on US yields, and in particular, the yield on 10-year government bonds, which could trigger a rebound in USD/JPY.
** FXStreet News Editorial, FXStreet**