Thursday, June 26, 2014

TRY, BRL And RUB Gain On Carry Inflows, NZD Tests Fresh Highs

The Asian traders followed through the USD weakness amid the US 1Q third estimate came in significantly worse than expected. The US GDP should record a contraction of -2.9% in 1Q versus -1.0% previously expected. The estimate for the personal consumption has been revised down to 1.0% from 3.1%. The



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