Data on the US GDP

Preliminary data on the US GDP in the third quarter were unexpectedly higher than the forecast, indicating a markedly lower rate of decline in the US economy. Given the significant overbought of the American, this news was received positively, but restrained.

In addition, the continued optimism in the US economy will limit the possible correction of the US dollar against recent growth. But, do not forget that the US currency is in a significant overbought zone and is limited to significant resistance.

Monitor the dynamics of the market at https://esterholdings.com/en/category/mneniya-ekspertov/ and https://esterholdings.com/en/category/novosti-rinka/

Hanzenko Anton