US Session: US Data Underperforms





G10 Advancers and Decliners vs USD
JPY 0.85
GBP 0.72
CHF 0.16
EUR 0.09
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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