Forex News

The dollar strengthened after the release of data on GDP in the US

On Friday at 8:30 am ET, the Department of Commerce released preliminary data on GDP for the first quarter. After the publication of the data, the American grew up against the main competitors. As of around 8:31 am ET, the dollar was trading at 109.41 against the yen, 1.3767 against the pound, 1.2073 versus the euro and 0.9906 against the franc.