The U.S. Commerce Department reported today that country’s economy grew 2.8% annually in last quarter of 2011. Analysts estimated a 3% GDP growth for last 3 months of 2011.
Comparing with third quarter consumer spending rose 2.0%, export grew 4.7%, import increased 4.4%. Inflation rose by only 0.7%.
The couple EUR/USD was traded at 1.3107 after news release.
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