EUR/USD falls strong to 1.3550 after best US GDP since 2010

FXstreet.com (San Francisco) - The Dollar is currently rallying in the market amid the better than expected GDP figures for the Q3 with a 3.6% increase from the previous quarter. The EUR/USD has fallen around 60 pips from 1.3600 to trade below 1.3550.

At this moment, the EUR/USD is pricing at daily lows around 1.3540, 0.25% negative on the day. Next supports are at 1.3525, 1.3500 and 1.3460. On the upside, resistances are at 1.3600, 1.3620 and 1.3640.

Canada: Building Permits soar 7.4% in October

Canadian building permits rose 7.4% on a monthly basis during October, coming in much stronger than the 1.0% expected and above the 4.1% registered the previous month (upwardly revised from 1.7%.
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USD/JPY peaked to 102.35 but returns to previous levels

The USD/JPY jumps around 15 pips following the better than expected US Q1 GDP data to test the 102.35 area but the pair returned to previous levels quickly and currently it is trading at 102.15, 0.10% negative on the day.
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