The dollar rose against a basket of currencies on Thursday after data showed the world's largest economy produced solid growth in the fourth quarter, reviving the appeal of the greenback even against the safe-haven yen and Swiss franc.
The initial reading of fourth-quarter U.S. gross domestic product came in at annualized rate 3.2 percent, matching analysts' forecasts. This followed a 4.1 percent rise in the third quarter, bringing the year-over-year growth rate to 1.9 percent.
The GDP reading should reinforce the notion that the Federal Reserve will continue reducing its monetary stimulus in the coming months, pushing up U.S. bond yields and making the dollar more attractive.
(Read more: HSBC PMI tips weak start to 2014 for China's economy)