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Rate initially jerks higher, prompting the...>

DOLLAR
DOLLAR: Rate initially jerks higher, prompting the best USD print of the
session, as headline GDP beats estimates. Much of the move is almost immediately
reversed, however, with disappointing details from the report surfacing: core
PCE and the GDP price index both missed expectations, dragging USD/JPY back
below pre-data release levels. Rate trades at Y111.75 on last check.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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