U.S. GDP down for fourth quarter with 3.8% only

The United States Gross Domestic Product for fourth quarter for 2008 fell with 3.8% for annual pace. This is less than the forecast of levels of -5.2%/-5.6%. But the fell with 3.8 percent is the lowest since 1982. The recession started at the end of 2008 will show new bottoms of GDP in 2009. The investors turn to security currencies like the dollar and yen also gold. The Euro-Dollar fall to level closes to 1.28 the report before. In the first minutes of the GDP release the trading is mix with high volumes. The expecting continues recovery of the dollar stopped due too not so bad expectations of GDP. The trading 10 minutes after the report is at EURUSD at 1.2840 and USDJPY at 89.60, as the bottom today was at 89.15 during the opening of European session. The gold remain the prefer investment and rise before and after GDP today as at the moment 13-minutes after the report is at $925 and may continue rise up top $940.

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