The US Dollar fell against most currencies on Thursday after data showed that the US economy grew in the third quarter, the first growth in over a year, reducing the greenback’s safe-haven allure and sending investors elsewhere for better returns. The firm gross domestic product numbers renewed investor optimism about a recovery in the global economy, bringing traders to buy higher-yielding currencies. The US GDP for the third quarter showed a growth of 3.5% against an estimate of 3.3%.
At 5AM GMT at Forex Online market, the US Dollar was trading down .18% to the Euro to 1.4845, down .3% to the Japanese Yen to 91.12, down .5% to the British Pound to 1.6555, down .8% to the New Zealand Dollar to .732 and down .13% to the Swiss Franc to 1.1075.
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