GDP release today in U.S. pushed dollar down after yesterdays macroeconomic statistics and allowed EUR/USD to reach a new record at 1.5179. Meanwhile GBP/USD decelerated its pace a little and turned to a less bullish trend today.
The preliminary GDP data for the third quarter showed 0.6% growth the same as it was in the advance release a month ago, but below the expected 0.8%. Thats quite a poor result for the U.S. economy, but still not a recession.
GDP last week were at 373,000 a very high number even if compared to the previous 354,000. A small decrease to 350,000 was expected by the market strategists.
