GDP disparity reflected in exchange rates?!

10/30The announced U.S. Q33GDP growth rateGDPgrowth rate at an annual rate versus the previous quarter2.8%remained solid. Also released on the same day, the euro area Q33GDPgrowth ratealso rose above market expectations at an annualized rate of1.5%growth. The solid GDP growth in Europe and the United States contrasted with the weakness of the Japanese economy, keeping the dollar/yen and euro/yen trends firm. The future course of the yen exchange rate was forecast.