US Session: US Data Underperforms
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FX markets just have that feeling of being tired. USD gained much of the ground it lost in European session as the outlook for US growth took a negative turn. But first in the European session Q3 GDP growth figures printed at 0.4% q/q slightly lower then the 0.5% expected but still showing that the economy emerged from the recession. The US University of Michigan measure of consumer confidence… | ||||||||||||||||||||
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