US dollar gains after better-than-expected GDP data

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NEW YORK : The U.S.dollar rose on Thursday after data showed the world's largest economy grew a little faster than expected in the second quarter, adding to growing expectations that the United States could avoid recession, or go through just a mild one.

The dollar index advanced 0.4 per cent to 101.

FILE PHOTO: U.S.

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Article Details

Category: EconomyBusiness

Markets: SingaporeUnited States

Topics: Banknotes Illustration July Dollar Experience Mediacorp Cent Photo: Seen File Taken

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 16:59:49 (3 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 142 words

Reading Time: 1 minutes read

Sentences: 7 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22297376

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 2 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 5 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #27

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