Forex News

The dollar showed mixed trade ahead of the release of data on US GDP

On Friday at 8:30 am ET, the Department of Commerce will publish preliminary data on GDP for the first quarter. The index is expected to increase by 2.0 percent compared to 2.9 percent in the previous quarter. On the eve of the publication of the data, the dollar showed mixed trade in relation to its main competitors. While the American rose against the pound and the euro, he remained stable against the yen and the franc. As of 8:25 am ET, the dollar was trading at 109.33 against the yen, 1.3767 against the pound, 1.2074 against the euro and 0.9907 against the franc.