The dollar is climbing after GDP crushes
Oct 27, 2017, 18:26 IST
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- The dollar climbed higher Friday after GDP crushed estimates.
- The US dollar index was up by 0.5% at 95.10 at 8:43 a.m. ET.
- Data from the Commerce Department showed that GDP increased by 3% in the third quarter, even after hurricanes disrupted activity in parts of the country.
- Economists had forecast that growth slowed from the second quarter to an annualized pace of 2.6%.
- The US dollar index is up by nearly 3.5% since early September.