Dollar Mixed Ahead Of U.S. GDP Data

The Commerce Department is due to release its final estimate of first quarter GDP at 8:30 am ET Tuesday. Economists expect GDP growth to be upwardly revised to 1 percent from 0.8 percent.

Ahead of the data, the greenback traded mixed against the other major currencies. While the greenback held steady against the franc and the euro, it rose against the yen. Against the pound, it dipped.

The greenback was worth 1.1081 against the euro, 1.3397 against the pound, 0.9779 against the franc and 102.41 against the yen as of 8:25 am ET.

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