Dollar Mixed Ahead Of U.S. GDP Data
26 August 2016 - 10:26AM
RTTF2
The Commerce Department is scheduled to release its preliminary
second quarter GDP data at 8:30 am ET Friday. Economists expect the
growth for the quarter to be downwardly revised to 1.1 percent from
1.2 percent.
Ahead of the data, the greenback traded mixed against its major
rivals. While the greenback rose against the franc, it declined
against the yen and the pound. Against the euro, it held
steady.
The greenback was worth 1.1293 against the euro, 100.33 against
the yen, 0.9683 against the franc and 1.3212 against the pound as
of 8:25 am ET.
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