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Forecast as of 19.03.2025From Tapas to Taxes: Revolut Expands Its Reach in SpainFormer Citi MD with 30 Years Experience Launches Prop Firm Offering $350K Annually for Top TradersTrustpilot Did It Again: Removed “Fake” Reviews of 12-Year-Old Prop Firm AudaCity CapitalTrustpilot Did It Again: Removed ‘Fake’ Reviews of 12-Year-Old Prop Firm AudaCity CapitalUyeda Transforms SEC in 60 Days, Experts Warn Agency May “Face a Death by 1,000 Cuts”Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 19.03.2025Centroid, Match-Trade Partnership Expands Tech Offering for Brokers and Prop FirmsUS Dollar Awaits Fed Statement. Forecast as of 19.03.2025Short-Term Analysis for Oil, Gold, and EURUSD for 19.03.2025Has ASIC Approached You for Payments to Release Assets? 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Sun. Mar 23rd, 2025

US dollar pares losses after economic data

NEW YORK (Reuters) – The U.S. dollar trimmed losses on Thursday after data showed the the world’s largest economy expanded faster than expected and inflation slowed in the second quarter.

The greenback came off lows against the surging yen and was last down 0.4% at 153.16. It was at 152.68 yen before the data. The dollar index was slightly down at 104.32 after the data. It was at 104.21 just before.

Advance estimates showed that gross domestic product grew at a 2.8% annualized rate last quarter. Economists polled by Reuters had forecast GDP rising at a 2.0% rate.

This post is originally published on INVESTING.

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