Dollar Is Tracking for Best 2-Day Rally Since July

Group 1 - The U.S. Dollar Index (DXY) has increased by 1.08% over the last two trading days, marking its best two-day gain since July 31 [1] - The third estimate of gross domestic product (GDP) growth has been revised to 3.8%, up from the previous estimate of 3.3% [2] - Stronger economic data typically leads to an increase in the value of local currencies due to heightened demand [2]