Forexlive Americas FX news wrap: US GDP beats estimates, dollar climbs ...Middle East

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Forexlive Americas FX news wrap: US GDP beats estimates, dollar climbs
US Q4 advance GDP +3.3% vs +2.0% expectedUS durable goods for December 0.0% versus 1.1% estimateUS initial jobless claims 214K vs 200K estimateUS December advance goods trade balance -88.46 billion vs -89.33 billion priorUS wholesale inventories advanced for December 0.4% versus -0.4% last monthCanada November weekly earnings +4.1% y/y vs +3.9% priorECB leaves key interest rates unchanged in January monetary policy meetingLagarde opening statement: Risks to economic data remain tilted to the downsideLagarde Q&A: The consensus was that it was premature to discuss rate cutsECB's Lagarde major comments during press conference bucketed by topic. EURUSD lower.US sells 7-year notes at 4.109% vs 4.

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