US Dollar Could Be Dragged Lower On Rising Unemployment Fundamental Outlook for US Dollar: Neutral U.S. GDP slowed to 2.4%in the 2Q from a revised 3.7% US durable goods orders fell 1.0% in June and 0.6% less transportation Fed beige book shows contraction in some districts overall slower growth The U.S. dollar ended lower for an eighth straight week as concerns over domestic growth and firm risk ...
US stock prices fluctuated on Friday after investors found some upbeat news in the government's assessment of the economy during the April-June quarter.
US economic growth slowed dramatically to 2.4 percent in the second quarter of this year, the Commerce Department said Friday, prompting fears the recovery is losing steam.