U.S. Dollar Index Trading Higher, GDP Improves.

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The June U.S. Dollar Index is trading at 95.31, up 0.15. The U.S. dollar index is trading rangebound just under the highs of the session. Market chatter U.S. economic data is making the rounds. The U.S. Bureau of Economic Analysis second estimate of first quarter GDP (gross domestic product) was 0.8 percent from 0.5 percent in the first estimate. Later this morning the University of Michigan is scheduled to release the final revision of May consumer confidence at 10:00 a.m. ET.
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