accountThe second release of GDP for Q1 left the growth rate unchanged at 1.8%, falling short of expectations for an upwards revision to 2.2%. Weekly jobless claims also disappointed, rising to 424K. The “safe haven” yen and the Swiss franc are the biggest gainers. EUR/USD is now climbing towards 1.42. GBP/USD is moving higher towards
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Reactions to USD/JPY and USD/CHF Dive on Weak US GDP, High Jobless Claims
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