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US GDP Data Comes in Better Than Expected, Risk Aversion Continues to Dominate

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jan 30, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The US economy shriveled to end 2008, with 4th quarter growth contracting 3.8%. Consumer and business cut back on spending, the housing slump continued, exports fell, and prices tumbled amid the deepening recession. The 3.8% contraction is the worst in 26 years and follows a decline of 0.5% in the...

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