USD Had a Major Glow-Up with Lit GDP and Fire Jobs Numbers

The US economy just hit the gym and got swole with a lit 3.8% annualized growth rate in Q2 2025 😎, according to the third GDP estimate that dropped Thursday. This glow-up from the 3.3% vibe is now the fastest flex since Q3 2023. 💪

The hype was mainly because peeps started shopping like there's no tomorrow, boosting consumer spending to 2.5%, up from the meh 1.6% before. 🛍️

Main Vibes from Q2 2025 GDP Report

• GDP Glow-Up: Q2 real GDP ended vibin' at 3.8% (vs 3.3% previous, 3.0% sneak peek)
• Shopping Spree: Turned up to 2.5% growth (from a basic 1.6%)
• Trade Feels: Imports were less sus than thought, with net trade throwing in 4.83 lit points to growth
• Biz Coin: Score upped $6.8B in Q2, tho revised down $58.7B battlin' numbers
• Inflation Goss: PCE price index at 2.1%, core PCE 2.6% (both got a 0.1pp upgrade, like a new phone update) 📈

Peep the BEA's Final Q2 2025 GDP Scoop

Meanwhile, U.S. durable goods orders popped off in August, climbing 2.9% after a couple of weak months. 🛫

This jump is all about those lit aircraft orders soaring, with defense planes sky-rocketing 50.1% and non-defense planes cruising up 21.6%. 🚀

For all ya Fed stan accounts, core capital goods (non-defense, no aircraft) went up 0.6%, keeping the July 0.8% grind going, though shipments dipped a tiny 0.3%. 📊

Check the Census Bureau's Deets on Durable Goods

Elsewhere, the weekly #joblessvibes dipped 14,000 to just 218,000 by September 20, way below the basic 235k estimate. 🤯

Continuing claims slid 2,000 to 1.926M.

Link to the Lab's Jobless Claims Tea

Market Feels 🎢

U.S. Dollar vs. Big Currencies: 5-min Chart

The dollar went all glow-up moment after the data dropped, with USD/JPY and USD/CHF getting major FOMO from the stronger-than-expected GDP 3.8% plot twist and that surprise in jobless claims. 💥

Post-spike, USD took a chill pill for a bit, meaning traders were raking in $$$. Soon after, the bullish vibes jumped back, keeping the green at top-tier levels. 🤑

Why the dollar kept flexin':

• The unexpected GDP glow-up to 3.8% had even the haters shook
• The jobless claims drop to 218k showed the job scene was still cruisin', despite Fed concerns
• The durable goods comeback, especially the capital gains, convinced everyone that the economy's got moves. 🔥

The dollar wrapped the day lookin' strong against all major coins, especially killin' it against the commodity ones. Traders started thinkin' if the Fed's September rate slay was too soon, given the economy's tight muscles—potentially making them think twice about going for bold moves ahead.