Mid-Day Report: Dollar Pares Gains as GDP Contraction Not as Worse as Expected

[Forex-Outlook]

Dollar pares gains in early US session after release of GDP report that showed the contraction of US economy was not as worse as expected. Advanced GDP report showed -3.8% annualized contraction against expectation of -5.4%, following -0.5% contraction in Q3. But after all, it's still the worst reading since...

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