The U.S. dollar recorded its best daily performance since August. Against the euro, the greenback gained three-quarters of a figure, ending at 1.1673 its highest finish since September 25.
To recap, the United States released its third quarter gross domestic product (GDP) figures yesterday and here are the highlights:
- U.S. GDP set a record at 33.1% annualized pace in the third quarter.
- Economy recovers quickly from 31.4% lockdown decline in the second quarter.
- Performance easily surpasses 31% consensus forecast.
- Business and consumer spending propelled economy forward.
- Jobless claims fall to 751,000 the pandemic low.
Read more from the original analysis: https://www.fxstreet.com/analy...
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