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Friday, 26 October 2012

DailyFX - Forex Market News: Forex News: US GDP Beats, Yen Drops, Commodity Currencies Rally

DailyFX - Forex Market News
Forex Market News
Forex News: US GDP Beats, Yen Drops, Commodity Currencies Rally
Oct 26th 2012, 13:15

More positive data out of the United States as the third quarter growth figure beat expectations by coming it at +2.0% annualized. Does this mean the Federal Reserve’s easing cycle is likely over soon rather than later? Absolutely not, writes Currency Analyst Christopher Vecchio.

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