The greenback was relatively flat this morning on just above-expected GDP. This GDP growth continued expectations of a December rate hike, which is still heavily priced into the U.S. Dollar. The euro has risen against the dollar, fueled by higher than expected yields on Italian bonds, and some minor hawkish comments from ECB officials. Conversely, the pound tumbled this morning, after Northern Irish courts extinguished hopes that the very pro-Bremain country will not be able to vote to block Brexit. The loonie was more flat going into the announcement, only to fall past 1.34 after the GDP releRead the full report
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