29 June 2005, 17:51 The dollar maintained a slim gain against the euro and traded at 10-month highs against the yen
The dollar maintained a slim gain against the euro and traded at 10-month highs against the yen on Wednesday ahead of what's expected to be a ninth U.S. interest-rate hike announced Thursday.
The currency market showed little response to a report that showed first-quarter U.S. gross domestic product increased at a 3.8% annual rate, matching the growth rate in the fourth quarter.
The report wasn't seen changing the near-term interest-rate outlook.
The dollar was fetching 110.35 yen compared to 110.39 yen before the report. That's a gain of 0.5% from Tuesday.
The euro stood at $1.2055 vs. $1.2052 before the data release, down 0.1% from Tuesday.
On Tuesday, the Conference Board's U.S. consumer confidence index rose to a three-year high of 105.8 in June, the research group said.
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