US GDP moves the Dollar

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The United States statisticians have just released the Preliminary quarterly GDP. The GDP was forecast to show an increase of 2.8%. Actual number is 3.0%. The US Dollar initially reacted to the news with a minor spike up, as the good data is sort of a signal that the Fed might not need to cut rates, despite the rate cut already being priced in.
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