The U.S. dollar exhibited strength against most of its major counterparts on Thursday amid hopes the U.S. economy will see a much stronger than expected recovery.
Data from the Commerce Department showed that real gross domestic product surged up by 4.3% in the fourth quarter compared to the previously reported 4.1% jump. Economists had expected the pace of GDP growth to be unrevised.
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Forex News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.