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Strong US Economic Reports Support the Dollar
Yahoo Finance· 2025-09-25 19:37
The dollar index (DXY00) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy.  US Q2 GDP expanded more than expected, weekly jobless claims unexpectedly fell to a 2-month low, and August core (ex-defense and aircraft) capital goods new orders rose more than expected.  Also, Thursday’s weakness in stocks boosted some liquidity demand for the dollar.  The dollar added to its gains on Thursday on hawkish comments from Kansas City Fed Pr ...