News: FOREX-US Dollar briefly falls after GDP data, last little changed

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    NEW YORK, Jan 25 (Reuters) - The U.S. dollar briefly fell on Thursday, but last traded little changed, after data showed the world's largest economy grew at a faster pace than expected in the fourth quarter, suggesting the Federal Reserve would be in no rush to cut interest rates amid a generally stable economy.

    The dollar index was last flat at 103.27 =USD , after earlier dipping to as low as 103.13.

    Data showed on Thursday gross domestic product in the last quarter increased at a 3.3% annualized rate, which is the advance GDP estimate of the Commerce Department's Bureau of Economic Analysis.

 
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