The 2nd US GDP estimate for Q2 echoed the first at +1.1% and GDP deflator at +1.1% (Prev. +1.2% and expected at 1.2%).The new initial claims printed just above the 400K level at 403K (Prev. revised at 395K and expected at 385K). The dollar retraced slightly and remains vulnerable ahead of the US stock markets' opening. EUR/USD currently trades around 0.9855, against 0.9840 this morning. USD/JPY lies at 117.70, after 118.00 this morning. //www.idealforex.sg-ib.com