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Dollar index hits three-month peak after upbeat U.S. GDP data

27 October 2017 18:36 (UTC+04:00)
Dollar index hits three-month peak after upbeat U.S. GDP data

By Trend

The dollar reached its highest in over three months on Friday against a basket of currencies as the first government reading of the U.S. gross domestic product for the third quarter came in at 3.0 percent, stronger than analyst expectations, Reuters reports.

At 8:45 a.m. (1245 GMT), an index that tracks the greenback versus the euro, yen and four other currencies .DXY was 0.5 percent at 95.085 after touching 95.137, which was the highest since July 20.

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