In this case one might wonder if it’s good or bad for dollar. Here the point is as follows: the former data released turned out to be higher than it had been expected at first (3%). On the verge of this encouraging piece of news stock market made up for past failures which in its turn did not do much good for dollar (that happened due to encouraging economic data, ‘cause investors thought they are safe from new wave of crisis and switched their attention to more risky assets). In this case GDP review will be lower than 3.5%, stock market on the other hand will face some downturn and the US currency will strengthen. Though the question here is about the level.