The dollar exchange rate approaches an 11-week low, with a brief support from third-quarter economic growth

According to Jinshi reports, the exchange rate of the US dollar against a basket of currencies is approaching an 11-week low, as the market expects Japan to take intervention measures to support the yen. Japanese Finance Minister Shunichi Suzuki stated that the government is prepared to respond to excessive exchange rate fluctuations. Data released on Tuesday showed that the US economy grew more than expected in the third quarter, providing initial but brief support for the dollar. AJ Bell analyst Danni Hewson pointed out that this data can only reflect past conditions, and investors will enter the new year with more questions than answers.