FXstreet.com (Barcelona) - U.S. Gross Domestic Product increased 2.8% from July to September, below the 3.5% increase previously estimated, according to preliminary figures by the U.S. Commerce Department. Dollar and Yen have edged up against major rivals.
USD/JPY decline from Monday's high at 89.20 has extended below 88.55 support after the release of U.S. GDP, and the Dollar has dipped to 88.35, its lowest level since early October.
EUR/USD which had extended recovery from 1.4880 session low to intra-day high at 1.4985 right ahead of GDP data release, has pulled down to 1.4960 after the weaker than expected reading was released.
GBP/USD had bounced from 1.6495 session low, to reach 1.6590 moments ahead of the GDP, to pull down to 1.6560 minutes after U.S. data was released.