Why the US Dollar is not gaining on the GDP beat - 3 reasons
The US economy grew by 3.5% annualized in the third quarter, above 3.3% expected. This is the second consecutive quarter of upbeat growth. Q2 was even better, with 4.2% annualized, the best in four years. The US economy seems to get out of the "new normal" growth levels of 2-2.2.5%. However, the US Dollar is marginally lower after the publication.
