US Q3 GDP jumps by 3% – USD follows

Better-than-expected US growth: 3% annualized according to the first read. This is significantly above 2.5% expected and at the magical 3% level. Personal consumption is up 2.4%, also above predictions.  The US dollar is extending its gains. The moves are not huge but they could continue. The Fed could raise rates with more confidence and […]

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