The unexpected GDP report showed a decline of 0.1% annual rate that may have dampened investor's sentiments. Although, some analyst have estimated a 1.1% rise the 4th qtr. contraction have fueled some investors shifting to USD shorts that prompted the USDx to decline @79.25 basis point in the North American trading sessions.
It was not totally that bad since a stronger household income after taxes and inflation numbers is at 6.8%. And the housing market have risen to a 15.3% from the 3rd qtr. period last year.
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