Dollar Extends Gain Following Weekly Jobless Claims, GDP Data

Following the release of U.S. weekly jobless claims for the week ended July 25 and advance GDP data for the second quarter at 8:30 am ET Thursday, the greenback extended gains against its major rivals.

The greenback was trading at 124.51 against the yen, 0.9715 against the franc, 1.0926 against the euro and 1.5612 against the pound around 8:31 am ET.

The material has been provided by InstaForex Company – www.instaforex.com

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