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- US: Final estimate shows Q3 GDP grew by 2.3%, versus 2.1% expected
US: Final estimate shows Q3 GDP grew by 2.3%, versus 2.1% expected
According to the US Bureau of Economic Analysis (BEA)'s final GDP estimate, the US economy grew at an annualised QoQ pace of 2.3% in Q3 2021, above the prior estimate for a growth rate of 2.1%.
Market Reaction
The DXY did not see any notable reaction to the final Q3 GDP estimate. The index has fallen back in recent trade to its lowest levels since last Friday around the 96.30 mark, but has, for now, found support in the form of its 21-day moving average, which resides pretty much bang on 96.30.
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