Economic activity in the US grew at a robust pace in Q3. US Dollar Index stays in the negative territory near 92.00. The United States’ Real Gross Domestic Product (GDP) expanded at an annual rate of 33.1% in the third quarter, the US Bureau of Economic Analysis’ second estimate showed on Wednesday. This reading matched the initial estimate but came in lower than the market expectation of 33.2%. Market reaction The US Dollar Index edged slightly lower and was last seen losing 0.05% on the day at 92.05. Key takeaways from the press release “With the second estimate, upward revisions to nonresidential fixed investment, residential investment, and exports were offset by downward revisions to state and local government spending, private inventory investment, and personal consumption expenditures (PCE).” “Imports, which are a subtraction in the calculation of GDP, were revised up.” “Current dollar GDP increased 38.0% at an annual rate, or $1.64 trillion, in the third quarter to a level of $21.16 trillion.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Weekly Initial Jobless Claims climb to 778K vs. 730K expected FX Street 2 years Economic activity in the US grew at a robust pace in Q3. US Dollar Index stays in the negative territory near 92.00. The United States' Real Gross Domestic Product (GDP) expanded at an annual rate of 33.1% in the third quarter, the US Bureau of Economic Analysis' second estimate showed on Wednesday. This reading matched the initial estimate but came in lower than the market expectation of 33.2%. Market reaction The US Dollar Index edged slightly lower and was last seen losing 0.05% on the day at 92.05. Key takeaways from the press release "With the second estimate, upward revisions to nonresidential fixed… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
