US Q2 advance GDP +4.1% vs +4.2% expected - ConsultFX

US Q2 advance GDP +4.1% vs +4.2% expected

The first look at second quarter growth Inflation readings The personal consumption reading is impressive and it might help to put a floor under USD/JPY. On second look, there is a lot to like about this report and it's likely to mean estimates for the remainder of the year are bumped up.