The dollar is climbing after GDP crushes

  • 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.

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.