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US Dollar under pressure ahead of FOMC minutes
It is Thanksgiving in the US is on Thursday and many investors will be taking Friday off to make it a long weekend break. This means that nearly all of this week's US data was squeezed into today's session. Unfortunately, the data dump painted a mixed to disappointing picture for the world’s largest economy. Jobless claims disappointed expectations and the latest estimate of third-quarter economic growth was bang in line with the estimates. Durable goods orders and new home sales both beat, but personal income unexpectedly fell. Investors were looking forward to the publication of the Fed last meeting minutes due ... (full story)