US Pres Trump to deliver remarks on the economy at 13:30 GMT

The White House has recently announced that President Donald Trump will deliver remarks on the state of the economy at 09:30 EST (13:30 GMT).

Today's data from the U.S. showed that the first estimate of the GDP growth in the second quarter of 2018 surged up to 4.1% from 2.2% in the first quarter. However, the greenback's adverse reaction to the underlying details of the report, such as the less-than-expected growth in PCE prices, dragged the US Dollar Index back toward the 94.75 area.