US economy in Q3 expanded slower than reported

Note: This section contains information in English only.
Source: Forexpros

The US economy expanded slower than initially reported in Q3, raising fears over the speed of the US recovery. The GDP of the US in Q3 grew by 1.8 on an annual basis as compared to previous estimation of 2.0%. Expects predicted no changes in the GDP growth after the second estimation. The USD was not affected by the data release and continued to see gains over the Euro with the pair EUR/USD traded at 1.3038, edging down 0.07%.

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