Dollar stronger on US GDP

28 July, 2011

CurrencyIndex

The US dollar has strengthened this afternoon after the Q4 GDP figure came out at 2.1%, much better than the 1.3% expected.

The surprise hike in growth in the US economy is increasing the cost of a dollar – specially against sterling which had a much worse GDP figure earlier this month.

Anyone sending money to America should contact their currency company for the latest news.