GDP beats. Consumption less than expected though
The dollar moved up on the beat of the GDP but greenbacks gains were modest and the dollar backed off a bit.
- The EURUSD fell to 1.0911 from 1.0922, but then traded at new session highs at 1.0934 before settling by the pre-number value.
- The GBPUSD was at 1.2142, it went to 1.2135 and then up to 1.2154. It is now lower at 1.2128. So it is moving higher
- The USDJPY was at 105.32. It has a low of 105.29 and a high or 105.52 since the release. It trades at 105.40 currently.
