US GDP Grew Stronger than Expected, ECB Unexpectedly Cut Rates

Financial markets weakened as the stronger-than-expected growth of the US economy raised speculations that the Fed might push forward the QE tapering. The US dollar strengthened after the data released while at the same time lifted by the selloff in the euro following the surprising rate cut by the ECB.

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US GDP Grew Stronger than Expected, ECB Unexpectedly Cut Rates

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