NEW YORK, Sept. 30 (Xinhua) -- The dollar fell against major currencies on Wednesday after the U.S. gross domestic product (GDP) in the second quarter was revised up.

    The U.S. economy decreased at an annual rate of 0.7 percent in the second quarter, according to the third estimate of GDP released by the Commerce Department. The decline is better than a loss of 1.0 percent in the second estimate, and also better than 1.1 percent forecasted by economists.

    The report provided fresh evidence that the recession was ending. In the first quarter, U.S. real GDP decreased 6.4 percent. The third quarter probably generated a GDP gain of 3.0 percent to 3.5 percent, analysts said.

    U.S. private employers cut 254,000 jobs in September, according to the payrolls firm ADP. The decline was larger than expected, but smaller than the previous month. Private employment losses have diminished significantly over the last two quarters.

    The euro bought 1.4646 dollars in late New York trading compared with 1.4568 dollars it bought late Tuesday. The pound rose to 1.6008 dollars from 1.5941 dollars.

    The dollar fell to 1.0685 Canadian dollars from 1.0837 Canadian dollars, and fell to 1.0357 Swiss francs from 1.0374 Swiss francs. It fell to 89.63 Japanese yen from 90.15 Japanese yen.