The U.S Gross domestic product expanded at a 3.7 percent annual pace instead of the 2.3 percent rate reported last month passing forecast at 3.2 percent.
Market Impact : This development should support the USD on a weekly basis , we should see this impact in the upcoming weeks.
The U.S Initial Jobless Claims fell 271K , from 277K in the previous week , the indicator was expected to fall 274K in the last week.
Continuing Jobless Claims rose 2,269K , from 2,256K in the previous week, the indicator was expected to fall to 2,250K last week.
Jobless Claims 4-Week Avg. rose from 271.50K to 272.50K .
Market Impact : Buy USD….