NEW YORK Cheap New York Knicks Jersey , May 26 (Xinhua) -- The U.S. dollar rose against most other major currencies on Friday as investors digested the country's upbeat economic growth data.
The U.S. economy in the first quarter grew at a faster pace than previously estimated, driven by strong fixed investment and solid consumer spending.
The real gross domestic product (GDP) increased at an annual rate of 1.2 percent in the first quarter, higher than the previous estimate of 0.7 percent, but still lower than the 2.1 percent growth in the fourth quarter of last year Cheap New Orleans Pelicans Jersey , according to the second estimate released by the Commerce Department on Friday.
On other economic news, U.S. new orders for manufactured durable goods in April decreased 1.6 billion U.S. dollars, or 0.7 percent, to 231.2 billion dollars Cheap Minnesota Timberwolves Jersey , the U.S. Census Bureau announced Friday.
The dollar index, which measures the greenback against six major peers, increased 0.17 percent at 97.417 in late trading.
In late New York trading, the euro fell to 1.1175 dollars from 1.1204 dollars in the previous session Cheap Milwaukee Bucks Jersey , and the British pound lost to 1.2808 dollars from 1.2938 U.S. dollars in the previous session. The Australian dollar dipped to 0.7449 dollar from 0.7455 dollar.
The U.S. dollar bought 111.23 Japanese yen, lower than 111.82 yen of the previous session. The U.S. dollar climbed to 0.9748 Swiss franc from 0.9732 Swiss franc, and it moved down to 1.3447 Canadian dollars from 1.3490 Canadian dollars.
Data expo opens in southwest China
Traditional Duanwu Festival greeted around China
Canadian naval ship arrives in Shanghai for visit
Tourists enjoy scenery among flowers in NW China
Bottlenose dolphins relocated in NE China's Heilongjiang
China's Xiamen to hold 9th BRICS Summit
Yoga fans practise yoga on flower farmland in N China's Hebei
Chinese submersible Jiaolong descends to 4,811 meters in Mariana Trench
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