Gross Domestic Product (GDP) — FX Impact, Latest News & FAQ
Gross Domestic Product (GDP) measures the total value of goods and services produced by an economy. It is the broadest gauge of economic health and a primary input to central-bank policy: stronger-than-expected growth typically pushes the l…
About Gross Domestic Product
Gross Domestic Product (GDP) measures the total value of goods and services produced by an economy. It is the broadest gauge of economic health and a primary input to central-bank policy: stronger-than-expected growth typically pushes the local currency higher (rate hikes more likely); weaker growth pushes it lower. The US Bureau of Economic Analysis releases preliminary, second-pass and final US GDP at 12:30 UTC roughly four to six weeks after each quarter ends. Eurostat publishes flash and second-pass eurozone GDP, the UK ONS publishes monthly and quarterly GDP, and China releases quarterly GDP within three weeks. Surprises versus consensus on the headline year-on-year figure routinely produce 50-100 pip moves on EUR/USD and 80-150 pips on USD/JPY in the minutes following release. NewFXT covers every major GDP release with live quote impact, AI commentary and calendar context.
Most affected FX pairs
GDP FAQ
What is GDP?
GDP is the total monetary value of all goods and services produced by an economy in a given period. It is the most widely-used measure of economic activity.
When is US GDP released?
The Bureau of Economic Analysis releases the advance estimate ~4 weeks after the quarter ends, the second estimate ~5 weeks later, and the final estimate ~3 months after the quarter. All releases land at 12:30 UTC.
How does GDP affect FX?
A higher-than-expected GDP raises the probability of central-bank tightening and strengthens the local currency. Lower-than-expected GDP weakens it. The reaction is sharpest on the advance estimate because it is the first read of the quarter.