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Indonesia News Portal for Traders | Financial & Business Updates

28 March 2025 03:52  |

US Dollar down despite strong GDP readings

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against a basket of currencies, trades marginally lower on Thursday near the 104.40 area after giving back early-session gains.

The Greenback was initially boosted by a surprise auto tariff announcement from US President Donald Trump and stronger-than-expected fourth-quarter GDP data, though mixed momentum indicators are keeping traders cautious.

Source: FXstreet

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