USD Weaker After FOMC Leaves Policy Unchanged, GDP Disappoints

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The dollar was mostly softer against the majors after Q4 GDP unexpectedly contracted and as the FOMC maintained its rate of asset purchases at $85B per month while noting a pause in economic activity. US labor data was better than expected, however this was offset by downward revisions to the

Post Title: USD Weaker After FOMC Leaves Policy Unchanged, GDP Disappoints
Author: admin
Posted: 31st January 2013
Filed As: Forex, Fundamental Analysis
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