The commerce Department of the USA announced a GDP for the fourth quarter of 2009 up 5.7%, the best number in 6 years. The only problem with this number is going to be the revisions next month and the one after. If last quarter is an example it got revised down 40%. The markets however were not impressed, after all, the US economy shrank 2.4% in 2009 something not happening since the second world war.
Although the US Senate voted to raise the US debt ceiling by 1.9 trillion to a total of 14.3 trillion, the dollar advanced this week against all currencies with the euro falling below 1.39.
