Dollar rises against peers after US economic data

By Chibuike Oguh NEW YORK (Reuters) -The dollar strengthened against major peers including the euro and yen on Thursday following U.S. economic data, which would likely restrain the future interest rate cuts by the Federal Reserve. The Commerce Department reported that U.S. gross domestic product rose by an upwardly revised rate of 3.8% from April through June, higher than 3.3% initially reported. Economists polled by Reuters did not expect the rate to be revised. The dollar strengthened 0.58% to 149. ...