U.S. Dollar Stabilizes After Better-Than-Expected GDP Report The U.S. dollar pared its losses on Thursday after data showed stronger-than-expected economic growth and slowing inflation in the second quarter. The GDP grew at an annualized rate of 2.8%, surpassing economists’ forecasts of 2.0%. This positive economic data helped the dollar recover slightly against the yen and other currencies, though it remained down overall. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Prices Fall as Global Demand Concerns Eclipse Supply Fears READ MORE Analysts Bullish on Silver: UBS Sees 18% Upside Potential in Coming Months READ MORE U.S. GDP Surges 2.8% in Q2, Outpacing Expectations as Inflation Eases READ MORE Convergence of Gold and Dollar: Precursor to Stock Market Downturn? READ MORE Global Platinum Market Faces Increased Deficit in 2024, Says WPIC READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment