Dollar Mixed Ahead Of U.S. GDP Data
May 27 2016 - 4:26AM
RTTF2
The Commerce Department is set to release its preliminary
estimate of first quarter GDP at 8:30 am ET Friday. Economists
expect an upward revision to GDP growth estimate to 0.9
percent.
Ahead of the data, the greenback showed mixed trading against
the other major currencies. While the greenback rose against the
franc and the euro, it held steady against the pound and the
yen.
The greenback was worth 1.1168 against the euro, 109.65 against
the yen, 0.9911 against the franc and 1.4646 against the pound as
of 8:25 am ET.
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