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Forex pairs in this Article » USD/CHF
FXstreet.com (Barcelona) - The US GDP Q3 release confirmed the expected upward revision from 2.0% previously, coming in at 2.7%, slightly below the 2.8% consensus. The news didn't trigger any strong movement, only allowing around 10-pip ranges as the USDCHF continues pressing down since the start of the trading day.

The pair has printed a new daily low at 0.9263, but its daily decline is losing momentum. Initial claims fell from 416K to 393K, less than the 390K expected. Continuing claims surprised by coming down from 3.357M to 3.287M, beating consensus of 3.323M. US Pending Home Sales data comes ahead at 15:00 GMT.

The Swiss GDP grew by 0.6% quarterly, beating the 0.2% growth consensus, and extending the annualized growth from 0.3% (revised from 0.5%) to 1.4% in Q3. Analysts were expecting 0.9%.
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