[FOREX NEWS] US GDP Q4 2016 misses with 1.9%, durables fall 0.4% – USD follows

Generally weak US data: the economy grew by 1.9%, below expectations. Adding fuel to the fire, a  replenishing of inventories contributed 1% to GDP. A buildup in inventories during one quarter tends to result in a depletion in the following one. Durable goods orders are down 0.4%. Core orders are at 0.5% as expected and [...]

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