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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