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US GDP growth was revised up to 2.1% in the third quarter
Today was published a preliminary report on the growth of US GDP in the third quarter, which was revised down from the previous estimate of 1.5% to 2.1% due to the revision of reserves. The average market forecast was at 2.0%. Improving the assessment of US economic growth in the third quarter increases the likelihood of the Fed raising interest rates in December, which negatively displayed on the euro together with the expected easing of monetary policy of the ECB can lead to the achievement of parity between the euro and the US dollar in the coming months.

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Tuesday, 24 Nov, 2015 / 4:03

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