SINGAPORE, April 18 Reuters The dollar fell against most major currencies on Tuesday after betterthanforecast growth data from China, while strong pay figures from Britain supported the pound.

China39;s gross domestic product GDP grew 4.5 yearonyear in the first three months of the year, data showed on Tuesday, beating analyst forecasts for a 4 expansion as the end of COVID19 curbs lifted the world39;s secondlargest economy.

Separate data on March activity also released on Tuesday showed retail sales growth quickened to 10.6, beating expectations and hitting a near twoyear high, while factory output growth also sped up but was just below expectations

Normally on a day when you have good Chinese activity data you get a decent rally in commodity currencies, emerging market currencies and the dollar would soften and we are starting to see that, said Chris Turner, global head of markets at ING.

Better Chinese data is normally seen as good news for the euro too, due to the large manufacturing sector, Turner added.

The euro was last up 0.5 versus the dollar at 1.0978 after two consecutive daily falls of over 0.5.

The dollar index, which measures the currency against a basket of currencies, fell 0.4 to 101.67, having risen over 1 in the last two trading sessions.

China39;s offshore yuan was a touch higher at 6.877 per dollar.

Britain39;s pound jumped despite an unexpected rise in the unemployment rate in the three months to February as pay growth stayed higher than…

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