Forex news for US trading on November 23, 2015
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US GDP came in at 2.1% which was as expected. The orginal estimate was 1.5%. Consumption was lower than expectations at 3.0% vs. 3.2%. Inventories accumulated at a higher pace than previously estimated. Higher inventories increase GDP but it can be at the expense of 4Q growth as businesses slow production to help absorb the bloated inventory levels.
Forexlive Americas FX news wrap: Geopolitics in the news as Turkey downs Russian jet fighter
