Dollar buying intensifies, US GDP deflator unexpectedly rises

  Preliminary figures for the first quarter of the US GDP have been announced. The annual growth rate was +1.1% compared to the previous quarter, slowing down from +2.6% in the previous period, and fell short of market expectations of +1.9%. However, the GDP deflator was +4.0% and the core deflator was +4.9%, unexpectedly rising […]