Following the release of the U.S. Commerce Department's gross domestic product for the second quarter at 8.30 am ET Friday, the greenback dropped against its major rivals.

The greenback was trading at 1.1748 against the euro, 110.90 against the yen, 1.3116 against the pound and 0.9653 against the franc around 8:31 am ET.

Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Sterling vs US Dollar Charts.
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Sterling vs US Dollar Charts.