The dollar lost gains on the eve of the publication of US GDP
On Thursday, the dollar retreated from a 3.5-week high against a basket of major currencies as markets await today the release of preliminary data on the growth of the US economy in the third quarter.
Dollar reduces the rise on the eve of the publication of US GDPThe dollar is generally supported after the Federal Reserve ended its quantitative easing program and stated its belief that the US economic recovery will continue.
The US central bank said that despite the strengthening of the labor market, he still has room to grow, but not a "significant development" as he said earlier, in the direction of employment.
Later in the session will be released preliminary data on US GDP growth in the third quarter, while the consensus forecast for annual growth of 3.0%, after declining in the second quarter by 4.6% due to weather conditions.
The US is also to publish a report on initial applications for unemployment benefits after the beginning of the month the number of calls fell to 14-year low.
The EUR / USD weakened 0.33% to 1.2590 after 1.2555 recent low.
The single currency got some support after Spain reported an increase in the economy in the third quarter, while Germany noted the reduction in the number of unemployed in this month.
The data showed Spain economy grew in the third quarter of 0.5%, or 1.6% per annum, as predicted.
A separate report showed that the annual rate of inflation in Spain remained below zero this month, at -0.1% after -0.2% in September.
Later today, Germany is to release preliminary data on consumer prices.
USD / JPY pair rose by 0.11% to 109.01, trading near the 109.31 high.
Dollar unchanged against the pound, the GBP / USDtorguetsya at 1.6002, and retains higher against the Swiss franc, with USD / CHF has strengthened by 0.32% to 0.9577.
The pair NZD / USD is stable at the one-month low 0.7800.
New Zealand's currency has fallen sharply in the previous session after the Reserve Bank of New Zealand left interest rates unchanged at 3.5% and said that "the period of regulation is appropriate to consider further policy adjustment."
The bank had previously said that he believes that in the future will need some tightening of monetary policy.
The AUD / USD fell to 0.8790, while USD / CADprakticheski unchanged at 1.1191.
USD index, which tracks the performance of the greenback versus a basket of six major currencies, was up 0.27% to 86.33, trading close to a 3.5-week high of 86.39.
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